10 AI News Investors Can’t Afford to Miss

2. Vertiv Holdings Co (NYSE:VRT)

Market Capitalization: $46.17 billion

Vertiv Holdings Co (NYSE:VRT) offers digital infrastructure technology and services for data centers, communication networks, and commercial and industrial facilities.

On November 18, global provider of critical digital infrastructure and continuity solutions, Vertiv Holdings Co (NYSE: VRT), and Compass Datacenters, a multinational data center company, announced a collaboration that allows future AI setups to switch between air and liquid cooling to support high-density computing. Both companies have collaborated on this vision together, with Vertiv developing and manufacturing the technology solution. The initial units are set to be installed at a Compass facility in the first quarter of 2025, as part of a planned multi-year, multi-billion-dollar supply agreement.

“AI is not only bringing change to data centers, it is also changing how key industry players work together to enable growth. Data center operators, customers, chip manufacturers, infrastructure providers, utility companies and others must work together to innovate and reduce barriers to AI adoption. Compass Datacenters and Vertiv engineers worked together to make this important project a reality. Vertiv™ CoolPhase Flex makes it possible to support today’s IT and quickly enable the data center of the future. With our deep expertise and understanding of the complexities of AI applications, Vertiv was uniquely able to bring this solution to market.”

– Giordano (Gio) Albertazzi, CEO of Vertiv.