Equinix, one of the largest data center operators, was accused of falsifying accounting reports and selling non-existent capacities.

The analytical company Hindenburg Research accused one of the world's largest data center operators, Equinix, which owns more than 260 facilities worldwide, of manipulating its financial statements. According to Datacenter Dynamics, we are talking about an unreliable interpretation of facts and, as media reports, selling clients “pipe dreams” about AI. Hindenburg's statements raise questions about the future of Equinix, which has benefited from market expectations that AI companies will need more, higher-capacity data centers. After the publication of the report, the company's shares fell in price, and the previously planned bond issue was postponed. Equinix, which has a market capitalization of $80 billion, said it was aware of the report and was looking into the claims.
Source: 3dnews.ru

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