Companies in Datacenter Buildout
6 active companies tracked.
L1
Aligned Data Centers
Liquid-cooled hyperscale build prime. Adiabatic + immersion deployments at scale. Macquarie-backed. Energy-efficiency narrative differentiator vs traditional REIT colo.
L1
Compass Datacenters
Build-to-suit hyperscaler datacenters. Brookfield + Ontario Teachers backed. Single-tenant 50-200 MW campuses; tracked in any "who is building for hyperscaler X" question.
L5
CoreWeave
AI-infrastructure neocloud peer; the public-comp reference for SpaceX/xAI compute-as-a-service positioning ahead of the IPO.
L1
Iron Mountain
Records-management pivot to datacenter REIT. Frankfurt / Virginia / Phoenix datacenter campuses. Hyperscaler-class pipeline disclosed; underweight vs DLR / EQIX but growing fastest.
L8
SpaceX
Operator of the xAI Colossus 100K+ GPU cluster site (Memphis TN) and Starlink ground-station systems; xAI training-compute provider; first external Colossus customer = Anthropic (May 2026). Expected June 2026 NASDAQ listing ($SPCX).
L1
Stack Infrastructure
DigitalBridge-owned hyperscale builder; APAC + EMEA + Americas footprint. Pre-power-secured land bank the operational moat.