After years on the sidelines, VNET seizes on China’s AI moment with new CATL tie-up
China’s oldest independent data center operator is finding its footing in the AI era, helped by a new $1 billion investment from battery champion CATL Key Takeaways: Once a data…
AI demand helps GDS end years of losses – with a one-time gain assist
The data center operator recorded faster bookings and greater utilization on surging demand for AI computing, though asset impairments and heavy debt are clouding its profit picture Key Takeaways: GDS…
BRIEF: AI computing demand drives VNET revenue up 20% in 2025
Data center operator VNET Group Inc. (VNET.US) announced on Monday its revenue rose 20.5% year-on-year to 9.95 billion yuan ($1.42 billion) in 2025, while its adjusted earnings before interest, taxes,…
Shandong Hi-Speed stock soars, then plunges in mystery power play
The data center and green power investor’s shares surged more than 200% in the year through July, but gave back all those gains and more with a nearly 80% plunge…
NEWS WRAP: VNET records first annual profit in three years
The data center operator secured several significant customer orders amid strong AI-driven demand Teri Yu Chinese data center operator VNET Group Inc. (VNET.US) on Wednesday reported its revenue rose by…
GDS moves closer to breakup with REIT spinoff plan
The company could break itself into three pieces next year, one a China-based REIT, one for its China-based data center business, and one for its global data center business Key…
VNET gets vote of confidence amid deepening AI focus
HSBC upgraded its rating on the data center operator to ‘buy,’ citing its focus on building up its artificial intelligence capabilities Key Takeaways: HSBC upgraded its rating on VNET to…
