13 AI News Investors Should Not Miss

5. Equinix, Inc. (NASDAQ:EQIX)

Number of Hedge Fund Holders: 55

Equinix, Inc. (NASDAQ:EQIX) supports digital infrastructure, facilitating seamless connectivity and AI-powered advancements for businesses.

Equinix agreed to acquire BT’s data center business in Ireland for EUR 59 million, which includes two facilities in Dublin. The deal, expected to close in the first half of 2025, follows BT’s asset-light strategy and transition away from owning datacentres. The acquisition will allow Equinix to expand its services in Ireland, leveraging its global platform. BT will focus on its core strengths in cloud, networking, and security while ensuring a smooth transition for customers. Equinix plans to integrate the facilities into its global network, maintaining operations without disruption.