Schneider Electric seals $2.3 billion in US data centre deals to power AI boom
By Gianluca Lo Nostro
(Reuters) -Schneider Electric said on Wednesday it had signed new deals worth almost $2.3 billion with two U.S. data centre operators, as surging adoption of artificial intelligence boosts infrastructure demand.
At an industry event in Las Vegas, the French industrial group announced a $1.9 billion partnership with privately held tech firm Switch, covering power modules and cooling systems.
The second agreement, valued at $373 million and involving uninterruptible power supplies and swi
By Gianluca Lo Nostro
(Reuters) -Schneider Electric said on Wednesday it had signed new deals worth almost $2.3 billion with two U.S. data centre operators, as surging adoption of artificial intelligence boosts infrastructure demand.
At an industry event in Las Vegas, the French industrial group announced a $1.9 billion partnership with privately held tech firm Switch, covering power modules and cooling systems.
The second agreement, valued at $373 million and involving uninterruptible power supplies and swi
1 month ago
