But cloud computing and AI aren’t the only things driving the push for “hyperscaled” data centers. About 65% of the capacity in global centers is owned by just three companies: Amazon, Google, and Microsoft. Like the railroad magnates of old, they’re racing to control the market, because they understand something that has eluded the rest of us. Data centers are more than just vast digital warehouses. They’re the essential infrastructural technology on which pretty much every other company in the world must run. When companies need pretty much any computing service these days — networking, security, data processing, platforms, you name it — it’s easier and cheaper to just rent it from Amaz
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