Data Centre
Also called: Data Center
A data centre is a dedicated physical facility housing centralised computing servers, networking equipment and enterprise storage. Artificial intelligence has changed what they have to provide: high-density data centres supply the electrical power, liquid cooling and floor space needed to run contiguous clusters of processors for foundation model training and global inference.
In practice
Data centres are a critical asset class in private equity infrastructure portfolios, and access to the power grid is now the binding constraint on new capacity. For an operating business the second-order effect matters more, because AI hosting cost and availability track that constraint. A supplier quoting fixed long-term pricing is making a claim about their power contracts.