Equinix Opens First AI-Ready Data Center in Chennai
Rhea-AI Summary
Equinix (Nasdaq: EQIX) has announced the opening of its first International Business Exchange (IBX) data center in Chennai, India—CN1. The facility, built with an initial investment of $69 million, will provide 800 cabinets in its first phase and eventually support 4,250 cabinets.
Located in Siruseri, Tamil Nadu, the AI-ready facility features advanced liquid cooling technology and maintains a 99.999% uptime reliability. CN1 will be interconnected with Equinix's Mumbai campus and offers Equinix Fabric® services for hybrid multicloud deployment. The facility strengthens India's position as a key hub for innovation and AI development, providing direct access to cloud service providers like AWS, Google Cloud, Microsoft Azure, and Oracle Cloud.
Positive
- Initial investment of $69 million demonstrates significant commitment to Indian market expansion
- Facility designed for 99.999% uptime reliability with advanced liquid cooling technology
- Strategic location near submarine cable landing sites enhances connectivity
- Scalable capacity from 800 to 4,250 cabinets shows strong growth potential
- 96% renewable energy coverage aligns with sustainability goals
Negative
- Significant capital expenditure required for full build-out
- Competition from established data center providers in the region
- Distance of 28 kilometers from Central Business District may impact latency for some users
News Market Reaction 1 Alert
On the day this news was published, EQIX gained 0.76%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
As
With an initial investment of
Equinix currently works with more than 300 companies in
"We are delighted to announce the launch of our high-performance IBX data center, CN1, in
Globally, Equinix operates more than 270 data centers across 77 markets in 36 countries, serving over 10,000 customers and enabling their digital transformation. In the
Highlights/Key Facts:
- Located in the State Industries Promotion Corporation of
Tamil Nadu (SIPCOT) Ltd land in the Siruseri area, the CN1 campus spreads over nearly six acres of land. The location is approximately 28 kilometers away from the bustling Central Business District, holding a key position near anticipated submarine cable landing sites. - Equinix CN1 is a four-story building and will ultimately provide a total site capacity of 4,250 cabinets when fully built. The first phase of CN1 provides 800 cabinets.
- CN1 is AI-ready, purpose-built to accommodate advanced liquid cooling solutions, enabling support for high-density, compute-intensive workloads and ensuring scalable infrastructure for future AI and emerging technologies.
- Equinix will provide robust interconnection services at CN1, including software-defined interconnection (Equinix Fabric and Equinix Fabric Cloud Router), to enable customers to directly interconnect with partners and create hybrid multicloud infrastructure easily and securely.
- In 2024, Equinix reached
96% renewables coverage across its global operations, includingIndia .
Supporting Resources:
- Equinix to Open a Strategic Interconnection Hub in
Chennai (Press Release) - How Liquid Cooling Enables the Next Generation of Tech Innovation (Blog)
- Equinix to "Adjust the Thermostat" to Optimize Data Center Energy Use (Press Release)
- Equinix Collaborates with Leading Alternative Energy Providers to Power AI-Ready Data Center Growth (Press Release)
*Equinix operates five data centers in
About Equinix
Equinix, Inc. (Nasdaq: EQIX) shortens the path to boundless connectivity anywhere in the world. Its digital infrastructure, data center footprint and interconnected ecosystems empower innovations that enhance our work, life and planet. Equinix connects economies, countries, organizations and communities, delivering seamless digital experiences and cutting-edge AI—quickly, efficiently and everywhere.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, risks to our business and operating results related to the current inflationary environment; foreign currency exchange rate fluctuations; stock price fluctuations; increased costs to procure power and the general volatility in the global energy market; the challenges of building and operating IBX and xScale ® data centers, including those related to sourcing suitable power and land, and any supply chain constraints or increased costs of supplies; the challenges of developing, deploying and delivering Equinix products and solutions; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; risks related to our taxation as a REIT; risks related to regulatory inquiries or litigation and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent and upcoming Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
View original content to download multimedia:https://www.prnewswire.com/news-releases/equinix-opens-first-ai-ready-data-center-in-chennai-302561191.html
SOURCE Equinix, Inc.

