Mitchell Hartman

Whether the AI industry keeps booming or not.

I'm Megan McCarty Carino for Marketplace.

Coming up... The evolution of data transfer is pretty remarkable.

We are sitting in actually what they used to call the terminal annex for the U.S.

Post Office.

This building was built in 1938.

And it was used to transport all of the mail off the train and then send it on its way.

I know.

The evolution of data transfer is pretty remarkable.

So, yes, we'll start walking.

There are different kinds of data centers.

You're hearing hyperscale data centers, major AI-built data centers.

Those are focused on all compute, and that compute can kind of sit anywhere in the U.S.

Compute is thousands and thousands of computers all in sync, all supporting whatever the business requires.

Those are single-tenant buildings.

It's all Microsoft.

It would be all Google.

And those can sit somewhere where there's a low cost of power, low cost of real estate, but they're connecting back to the Google network or the Microsoft network.

Because we have one of the largest user populations that sit here in Los Angeles that need access to all of it.

When you're using your phone and you have access to all the different applications on your phone, from whether you're depositing a check on your Wells Fargo application or you're ordering Uber or whatever it might be, that is all being accessed from a data center like CoreSight.