STOCK TITAN

Equinix Opens First AI-Ready Data Center in Chennai

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
AI

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.

Equinix (Nasdaq: EQIX) ha annunciato l'apertura del suo primo data center International Business Exchange (IBX) a Chennai, in India — CN1. L'impianto, costruito con un investimento iniziale di $69 million, offrirà 800 armadi nel progetto iniziale e in futuro supporterà 4.250 armadi.

Situato a Siruseri, Tamil Nadu, l'impianto AI-ready presenta una tecnologia avanzata di raffreddamento a liquido e mantiene un'affidabilità del tempo di attività 99,999%. CN1 sarà interconnesso con il campus di Mumbai di Equinix e offre i servizi Equinix Fabric® per una distribuzione ibrida multicloud. L'impianto rafforza la posizione dell'India come hub chiave per innovazione e sviluppo dell'IA, offrendo accesso diretto ai fornitori di servizi cloud come AWS, Google Cloud, Microsoft Azure e Oracle Cloud.

Equinix (Nasdaq: EQIX) ha anunciado la apertura de su primer data center International Business Exchange (IBX) en Chennai, India—CN1. El centro, construido con una inversión inicial de $69 millones, proporcionará 800 gabinetes en su primera fase y eventualmente admitirá 4.250 gabinetes.

Situado en Siruseri, Tamil Nadu, la instalación AI-ready cuenta con tecnología avanzada de refrigeración líquida y mantiene una disponibilidad de 99,999% de tiempo activo. CN1 estará interconectado con el campus de Mumbai de Equinix y ofrece los servicios Equinix Fabric® para despliegues híbridos multicloud. La instalación fortalece la posición de India como un centro clave para la innovación y el desarrollo de IA, proporcionando acceso directo a proveedores de nube como AWS, Google Cloud, Microsoft Azure y Oracle Cloud.

Equinix (나스닥: EQIX)가 인도 첸나이의 첫 International Business Exchange(IBX) 데이터 센터 CN1의 개장을 발표했습니다. 이 시설은 초기 투자 6,9천만 달러로 건설되었고 1단계에서 800캐비닛을 제공하며 궁극적으로 4,250캐비닛을 지원합니다.

Siruseri, Tamil Nadu에 위치한 AI-ready 시설은 고급 액체 냉각 기술을 특징으로 하며 99.999%의 가동 시간을 유지합니다. CN1은 Equinix의 Mumbai 캠퍼스와 상호 연결되며 하이브리드 멀티클라우드 배치를 위한 Equinix Fabric 서비스를 제공합니다. 이 시설은 인도를 혁신과 AI 개발의 핵심 허브로 강화하고 AWS, Google Cloud, Microsoft Azure, Oracle Cloud 등 클라우드 서비스 제공자에 직접 접속을 제공합니다.

Equinix (Nasdaq : EQIX) a annoncé l'ouverture de son premier data center International Business Exchange (IBX) à Chennai, en Inde — CN1. L'installation, construite avec un investissement initial de 69 millions de dollars, offrira 800 racks dans sa première phase et soutiendra éventuellement 4 250 racks.

Situé à Siruseri, Tamil Nadu, l'établissement AI-ready dispose d'une technologie avancée de refroidissement par liquide et maintient une disponibilité de 99,999 %. CN1 sera interconnecté avec le campus de Mumbai d'Equinix et proposera les services Equinix Fabric® pour une déploiement hybride multicloud. L'installation renforce la position de l'Inde en tant que hub clé pour l'innovation et le développement de l'IA, offrant un accès direct à des fournisseurs de services cloud tels que AWS, Google Cloud, Microsoft Azure et Oracle Cloud.

Equinix (Nasdaq: EQIX) hat die Eröffnung seines ersten International Business Exchange (IBX)-Datenzentrums in Chennai, Indien—CN1 bekannt gegeben. Die Anlage, gebaut mit einer anfänglichen Investition von 69 Millionen US-Dollar, wird in der ersten Phase 800 Rackeinheiten bereitstellen und schließlich 4.250 Rackeinheiten unterstützen.

In Siruseri, Tamil Nadu gelegen, verfügt die AI-ready-Anlage über fortschrittliche Flüssigkeitskühltechnik und eine 99,999%ige Verfügbarkeit. CN1 wird mit dem Mumbai-Campus von Equinix verbunden sein und bietet die Equinix Fabric®-Dienste für eine hybride Multicloud-Bereitstellung. Die Einrichtung stärkt Indiens Position als wichtiger Hub für Innovation und KI-Entwicklung und bietet direkten Zugriff auf Cloud-Anbieter wie AWS, Google Cloud, Microsoft Azure und Oracle Cloud.

أعلنت Equinix (ناسداك: EQIX) عن افتتاح أول مركز بيانات من نوع IBX (International Business Exchange) لها في تشيناي، الهند — CN1. المرفق، الذي بُني باستثمار ابتدائي قدره 69 مليون دولار، سيقدم 800 خزانة في مرحلته الأولى وفي نهاية المطاف سيدعم 4,250 خزانة.

ويقع في سيروسري، تاميل نادو، المرفق AI-ready يتميز بتقنية تبريد سائل متقدمة ويحافظ على موثوقية التشغيل 99.999%. CN1 سيتصل بمجمع مومباي لدى Equinix ويقدم خدمات Equinix Fabric® لنشر هجيني متعدد السحابة. تعزز المنشأة موقع الهند كمركز رئيسي للابتكار وتطوير الذكاء الاصطناعي، مع وصول مباشر إلى مقدمي خدمات السحابة مثل AWS وGoogle Cloud وMicrosoft Azure وOracle Cloud.

Equinix(纳斯达克:EQIX)宣布在印度金奈建立其首座 International Business Exchange(IBX)数据中心 CN1。该设施在初始投资 6900万美元,第一阶段将提供 800 个机柜,最终将支持 4250 个机柜

位于泰米尔纳德邦的 Siruseri,这座 AI-ready 设施采用先进的液态冷却技术并保持 99.999% 的正常运行时间。CN1 将与 Equinix 的孟买园区互连,并为混合多云部署提供 Equinix Fabric® 服务。这一设施将加强印度作为创新和人工智能发展关键枢纽的地位,直接连接到云服务提供商如 AWS、Google Cloud、Microsoft Azure 和 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

Insights

Equinix's Chennai expansion strengthens its position in India's growing AI market with strategic $69M investment in high-performance infrastructure.

Equinix's new Chennai data center represents a significant strategic expansion in India's rapidly growing digital infrastructure landscape. The $69 million initial investment demonstrates the company's commitment to capitalizing on India's emergence as a key hub for digital innovation and AI development.

The facility's specifications reveal Equinix's forward-thinking approach to infrastructure design. Starting with 800 cabinets but scalable to 4,250 cabinets, the company is positioning for substantial growth. More importantly, the built-in support for liquid cooling technology is critical infrastructure for AI workloads, which require significantly higher power densities than traditional computing. This future-proofs the facility as demand for AI computing continues to accelerate.

Strategically, this expansion creates a multi-node presence in India by connecting Chennai with their existing Mumbai campus. This creates resilience advantages while enabling lower-latency connections to India's southern region and potentially to Southeast Asian markets. The location near submarine cable landing sites enhances its value as an interconnection hub.

For Equinix's business model, which relies heavily on interconnection services rather than just space and power, extending their fabric to Chennai allows them to create network effects within their customer ecosystem. The 99.999% reliability target maintains their premium positioning in the market, allowing them to command higher margins than basic colocation providers.

Notably, Equinix maintains its 96% renewable energy coverage across global operations, including India – increasingly important as data centers face scrutiny for power consumption, especially with AI workloads significantly increasing per-rack power requirements.

REDWOOD CITY, Calif., Sept. 19, 2025 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, announced the opening of its first International Business Exchange™ (IBX®) data center in Chennai, India—CN1. Located in Siruseri, Tamil Nadu, on a nearly six-acre plot of land, this new facility will be interconnected with Equinix's Mumbai campus, which consists of three IBX data centers. With its strategic location, rapid cloud adoption and strong data sovereignty framework, India is becoming an essential market for global enterprises seeking to scale digital services and reduce latency for users across the region. The new facility will support local and global businesses by providing direct access to one of the world's fastest-growing digital economies that is driving innovation and AI adoption.

As India strengthens its position as a key hub for innovation, research and AI investment, Chennai is emerging as the country's focal point for this technological evolution, helping to pave the way for India to increase its global competitiveness in digital services and AI development. These advancements demand substantial computing power and data processing resources, driving India to rapidly expand its high-performance data center capacity. The launch of CN1 in Chennai marks a pivotal milestone in bolstering the digital infrastructure required to support these technologies.  

With an initial investment of US$69 million, CN1 will provide 800 cabinets of capacity in its first phase. This facility will eventually support 4,250 cabinets. As with all Equinix facilities, the data center is engineered for a high reliability of 99.999% uptime and features a full suite of Equinix interconnection services, including Equinix Fabric®, which enables enterprises to leverage the full benefits of hybrid multicloud. Its advanced design also enables support for liquid cooling technology, which is essential for handling the high-density, compute-intensive workloads that are driving AI and other transformative technologies.

Equinix currently works with more than 300 companies in India, including network service providers and five internet exchanges. Its Mumbai campus consists of three high-performance data centers and hosts a robust cloud ecosystem for customers in India, including native on-ramps to key cloud service providers, such as Amazon Web Services, Google Cloud, Microsoft Azure and Oracle Cloud. With the launch of CN1, customers in Chennai can gain low-latency access to this key digital ecosystem, enabling seamless and secure connectivity with their business partners, customers and providers.

"We are delighted to announce the launch of our high-performance IBX data center, CN1, in Chennai, marking Equinix's expansion in India and a pivotal step in advancing the nation's digitalization journey," said Manoj Paul, Managing Director, India, Equinix. "Our success in building the most interconnected ecosystem for cloud, carrier, content and enterprises in Mumbai will now be extended to customers in Tamil Nadu. This milestone highlights our commitment to empowering India's position as a global technology hub while ensuring sustainability and innovation remain at the core of our operations. With CN1's cutting-edge capabilities, we look forward to enabling businesses in Chennai and across India to build future-ready, scalable digital infrastructure that supports sustainability to expand their business in Tamil Nadu and globally."

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 Asia-Pacific region, Equinix's portfolio includes more than 60 data centers across key metros in Australia, China*, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Philippines, and Singapore, providing interconnection and digital infrastructure solutions to support the region's dynamic economies. 

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, including India.

Supporting Resources: 

*Equinix operates five data centers in Shanghai through a strategic partnership.

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.  

Exterior of Equinix's CN1 International Business Exchange™ (IBX®) data center in India

Equinix.  (PRNewsFoto/Equinix) (PRNewsfoto/Equinix, Inc.)

Cision 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.

FAQ

What is the capacity of Equinix's new Chennai data center (CN1)?

The CN1 data center will initially provide 800 cabinets in its first phase, with the ability to scale up to 4,250 cabinets when fully built.

How much did Equinix invest in the new Chennai data center?

Equinix made an initial investment of US$69 million in the new Chennai CN1 data center facility.

What special features does Equinix's CN1 data center offer for AI workloads?

CN1 is AI-ready with advanced liquid cooling technology to support high-density, compute-intensive workloads, and offers Equinix Fabric® services for hybrid multicloud deployment.

Where is Equinix's new Chennai data center located?

The CN1 data center is located in Siruseri, Tamil Nadu, approximately 28 kilometers from Chennai's Central Business District, near submarine cable landing sites.

How many data centers does Equinix operate globally?

Equinix operates more than 270 data centers across 77 markets in 36 countries, including more than 60 data centers in the Asia-Pacific region.
Equinix Inc

NASDAQ:EQIX

EQIX Rankings

EQIX Latest News

EQIX Latest SEC Filings

EQIX Stock Data

75.74B
97.54M
0.27%
98.13%
2.42%
REIT - Specialty
Real Estate Investment Trusts
Link
United States
REDWOOD CITY