Equinix and Singapore’s GIC will launch a $1 billion joint venture to build hyperscale data centers in Europe – TechCrunch

Equinix, one of the world’s largest data center companies, announced that it will form a $1 billion joint venture with GIC, Singapore’s sovereign wealth fund. The partnership will focus on building xScale data centers in Europe. Instead of targeting the wholesale market, Equinix is developing xScale data centers to handle the demands of of the…