Switch

What Switch does

Switch is a US-based, vertically integrated data center infrastructure company founded in 2000 by Rob Roy and headquartered in Las Vegas, Nevada. Following its December 2022 take-private by DigitalBridge Group and IFM Investors for approximately $11 billion (and SoftBank's subsequent acquisition of DigitalBridge in late 2025), the company operates five exascale PRIME campuses across the United States: The Citadel Campus (Tahoe Reno), The Core Campus (Las Vegas), The Pyramid Campus (Grand Rapids), The Keep Campus (Atlanta), and The Rock Campus (Austin/Houston), with a sixth campus announced in Beaver County, Pennsylvania in 2026. Switch's core products center on the EVO AI Factory architecture, supporting up to 2MW per rack through hybrid air and liquid-to-chip cooling across five separate fluidic pathways, managed by the proprietary LDC EVO operating system and integrated with NVIDIA Omniverse DSX Blueprint for digital twin operations.

The company generates revenue through four primary streams: exascale colocation services across its PRIME campuses on multi-year subscription contracts; build-to-suit deployments via the Switch MOD product line (MOD 15, MOD 100, MOD 250) built to Tier 5 Platinum standards; telecom auditing and expense management through Switch CONNECT and The CORE Cooperative, which aggregates purchasing power across 1,000+ clients and 50+ carriers; and emerging digital twin and AI Factory solutions for hyperscale AI deployments. Pricing is custom and quote-based, with capacity tiers ranging from individual cabinets (up to 55kW) to multi-megawatt engagements (10MW+).

Switch serves two primary customer segments: hyperscale AI and cloud providers (including CoreWeave, which deployed the world's first NVIDIA GB300 NVL72 platform at Switch's AI Factory in July 2025), and Fortune 100 enterprises across financial services, healthcare, entertainment, retail, and technology (named logos include NVIDIA, eBay, FedEx, Marvel, Google, Dell, PayPal, Dignity Health, Hulu, Tesla, Activision, MGM, JPMorgan Chase, Kroger, Sony, Lilly, Amgen, Verizon, Qualcomm, Warner Bros, and Intercontinental Exchange). Distribution combines direct enterprise field sales for hyperscale and large build-to-suit contracts with a formal Channel Partner Program for VARs and resellers. The company employs 501-1,000 staff, has raised over $20 billion in sustainable financing since 2024, and owns 950+ issued and pending patent claims developed by its founder.

Name

Switch

Legal name

Switch

Website

https://switch.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

Switch is a vertically integrated US exascale data center operator serving hyperscale AI/cloud providers and Fortune 100 enterprises across five US PRIME campuses, with proprietary EVO AI Factory architecture supporting up to 2MW per rack cooling and multi-gigawatt campus buildout.

Ownership category

akta.pro rank

Product category

Hyperscale Data Center Colocation

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

AI Datacenter Power, Cooling & Racks (liquid cooling, power delivery) (HDAAAAAH)

Keywords

• Exascale data centers
• AI factory infrastructure
• Hyperscale colocation services
• Build-to-suit data centers
• Telecom purchasing cooperative

Headquarters

HQ city

Las Vegas

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. Colocation Services: Switch provides exascale colocation services across five US campuses (Tahoe Reno, Las Vegas, Grand Rapids, Atlanta, Austin) for enterprise, hyperscale cloud, and AI customers. Revenue is generated through recurring space and power leases, typically multi-year contracts with capacity requirements ranging from individual cabinets to multi-megawatt deployments.
2. Build-to-Suit (Switch MOD): Switch designs and constructs custom single-tenant data center facilities (MOD 15, MOD 100, MOD 250) for customers requiring dedicated infrastructure. These are built to Tier 5 Platinum standards and can be deployed at Switch campuses or customer-specified locations. Revenue includes upfront construction fees and ongoing operational service contracts.
3. Telecom Purchasing (The CORE Cooperative): Switch aggregates telecommunications buying power for clients through The CORE Cooperative, which negotiates with 50+ carriers. Revenue is generated through savings-sharing arrangements and service fees for telecom auditing and expense management via Switch CONNECT.
4. Digital Twin and AI Factory Solutions: Switch offers advanced AI Factory solutions including digital twin simulations, DCIM platforms, and specialized infrastructure for AI workloads. These represent emerging revenue streams tied to the company's EVO AI Factory product line for hyperscale AI deployments.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Switch designs, builds, and operates exascale-scale data center campuses for hyperscale AI/cloud providers, Fortune 100 enterprises, and government clients. Its core offering is the EVO AI Factory, purpose-built environments supporting up to 2MW per rack with hybrid air and liquid-to-chip cooling, operated across five US campuses under multi-year colocation contracts ranging from single cabinets to multi-megawatt build-to-suit deployments. The platform is enabled by Switch's proprietary LDC EVO operating system and Digital Twin technology integrated with NVIDIA Omniverse DSX Blueprint.

Product overview

Switch is a technology infrastructure ecosystem company providing a comprehensive portfolio of data center solutions ranging from highly dense liquid-cooled AI environments to hyperscale cloud and enterprise data centers. The core offering consists of EVO AI Factories - purpose-built exascale facilities designed by founder Rob Roy that support extreme densities up to 2MW per rack with hybrid air and liquid-to-chip cooling. These AI Factories operate via the proprietary LDC EVO operating system, which provides real-time automation and integrated Digital Twin capabilities. Supporting the core infrastructure are Switch's five PRIME Campus locations across the U.S., the MOD build-to-suit product line (MOD 250, MOD 100, MOD 15), Switch CONNECT telecom auditing services, and The CORE Cooperative telecommunications purchasing co-op. The company operates on a vertically integrated model, owning 100% of land and facilities, with over 950 issued and pending patent claims covering data center designs.

Differentiator

Problem solved

Functional benefit

Brands

• EVO AI Factories: Switch's advanced modular AI Factory solution featuring hybrid air and liquid cooling for extreme densities up to 2MW per rack, purpose-built for next-generation AI workloads.
• Switch CONNECT
• Switch MOD
• The CORE Cooperative
• EVO Chamber
• Switch GREEN
• SUPERNAP

Products and services

• EVO AI Factories Switch's flagship AI Factory solution — exascale data center environments purpose-built for the world's most demanding AI workloads, supporting extreme densities up to 2MW per rack with hybrid air and liquid-to-chip cooling through five separate fluidic systems. Designed for hyperscale AI and cloud providers deploying NVIDIA GPU clusters.
• Exascale Colocation Sustainable data center colocation services at Switch's five US PRIME campus locations (Las Vegas, Tahoe Reno, Grand Rapids, Atlanta, Austin/Houston), offering Tier 5 Platinum-rated facilities powered by 100% renewable energy with capacity tiers from single cabinets up to multi-megawatt deployments.
• Switch MOD Build-to-Suit Modular Optimized Design (MOD) build-to-suit product family including MOD 250 (exascale data center ecosystem, 250' wide), MOD 100 (single-user environment, 100' wide), and MOD 15 (air-transportable edge data center, 15' wide). All MOD facilities are built to Tier 5 Platinum standards using OEM-manufactured components and can be deployed at Switch campuses or customer-specified locations.
• Switch CONNECT Telecom auditing and expense management service that identifies areas of immediate and strategic cost savings, enabling clients to save 35-60% through telecom audits and network optimization recommendations as part of Switch's connectivity solutions.
• The CORE Cooperative Independent exascale telecommunications purchasing cooperative that aggregates buying power from over 1,000 clients with combined market cap of over $7 trillion, interacting with 50+ carriers for significant cost savings on telecom services for Switch customers.
• Switch PRIME Campus Locations Five strategically located exascale data center campus ecosystems: The Citadel Campus (Tahoe Reno), The Core Campus (Las Vegas), The Pyramid Campus (Grand Rapids), The Keep Campus (Atlanta), and The Rock Campus (Austin/Houston), with a planned sixth campus in Pennsylvania. Each campus spans hundreds to thousands of acres with multi-megawatt to gigawatt-scale power capacity.
• Switch EDGE Data Centers Class 4, fully air-transportable edge data center solution (MOD 15) with modular capacity of 24-100+ cabinets, tethered directly to affiliated PRIME or Regional EDGE campus locations for distributed low-latency compute deployments.

Quantifiable outcome

• Power usage effectiveness (PUE) of 1.18 — industry-leading energy efficiency
• +4 more outcomes

Named customers23 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability8 records

Feature8 records

Partnerships

Eight partnerships are on record, tiered core, minor and flagship.

• SUSEcoreTechnology or Integration · 28 April 2026SUSE and Switch partnered to develop Digital Twin systems and AI Factories using NVIDIA Omniverse libraries. The collaboration leverages SUSE AI built on SUSE Rancher Prime and SUSE Linux Enterprise Server combined with NVIDIA Omniverse to enable real-time simulations of Switch's massive data centers.
• Stanford University Center for Integrated Facility Engineering (CIFE)minorStrategic or Co-development Partner · 25 March 2026Switch entered a sponsored research agreement with Stanford's CIFE led by director Martin Fischer to advance research in large-scale digital infrastructure deployment, industrialized construction, and innovative energy systems.
• NVIDIAflagshipTechnology or Integration · 16 March 2026Switch integrated NVIDIA Omniverse DSX Blueprint into its EVO AI Factory architecture and LDC EVO operating system, enabling high-fidelity physics-accurate digital twins. Switch also hosts industry-first NVIDIA GB200 NVL72 and GB300 NVL72 deployments for customers like CoreWeave.
• InhouseminorGTM or Marketing Partner · 2 March 2026Switch participated as an investor in Inhouse's $5 million seed funding round. Inhouse is an AI legal platform provider. This is a strategic investment rather than a product partnership.
• Ormat TechnologiescoreStrategic or Co-development Partner · 5 January 2026Ormat Technologies signed a 20-year PPA with Switch in January 2026 to supply approximately 13 MW of carbon-free geothermal capacity from its Salt Wells power plant near Fallon, Nevada. Energy deliveries commence Q1 2030 following a facility upgrade by Q2 2026. Optional 7 MW solar PV expansion also available.
• Schneider ElectricflagshipImplementation/ SI/ Consulting Partner · 19 November 2025Schneider Electric and Switch expanded their partnership with a $1.9 billion two-phase supply capacity agreement, the largest data center cooling project in North America. Includes prefabricated power modules and the first North American deployment of Schneider Electric's Uniflair chillers, plus a three-year full-service maintenance contract.
• CoreWeavecoreTechnology or Integration · 1 July 2025CoreWeave deployed the world's first NVIDIA GB300 NVL72 platform at Switch's AI Factory in collaboration with Dell Technologies, following the world's first GB200 NVL72 deployment also at Switch. CoreWeave is an AI cloud provider leveraging Switch's purpose-built infrastructure for advanced AI workloads.
• OkloflagshipStrategic or Co-development Partner · 18 December 2024Switch and Oklo signed a non-binding Master Power Agreement in December 2024 to deploy 12 GW of advanced nuclear power through 2044 — one of the largest corporate clean power agreements ever signed. Oklo's Aurora powerhouses will provide reliable clean energy for Switch's AI, cloud, and enterprise data center infrastructure across the US.

Scale indicators17 records

Recent moves11 records

Expansion highlights7 records

Direct peers

• Iron Mountain Data Centers: Iron Mountain operates 20+ data centers globally with focus on secure, compliant colocation for enterprise and hyperscale customers. Both serve similar Fortune 100 enterprise segments with sustainability-focused facilities; Switch differentiates via AI-optimized extreme density vs Iron Mountain's compliance/security positioning.
• Equinix: Equinix is the world's largest retail colocation provider with ~260 data centers across 30+ countries. Both companies operate exascale data center campuses serving hyperscale, enterprise, and AI customers, and compete directly for Fortune 100 multi-tenant colocation contracts. Switch differentiates via higher density AI-ready builds and US-only focus vs Equinix's global interconnection density.
• QTS Data Centers (Blackstone): QTS is a Blackstone-owned hyperscale data center operator with massive US campuses. Both compete directly for hyperscale and AI build-to-suit contracts, with QTS leveraging Blackstone's capital to scale at a similar pace to Switch's $20B+ debt-financed expansion.
• Digital Realty Trust: Digital Realty is one of the largest global data center REITs with 300+ facilities. Both companies provide hyperscale and enterprise colocation at scale; Switch differentiates through EVO AI Factory's extreme density (2MW/rack) vs Digital Realty's broader platform approach and global footprint.
• DataBank: DataBank is a US-focused edge colocation and interconnection provider. Both operate multiple US data center campuses serving enterprise and hyperscale customers, though Switch is significantly larger and more AI-focused while DataBank emphasizes edge and metro connectivity.
• CyrusOne: CyrusOne (KKR/GIP-owned) is a hyperscale colocation operator serving similar enterprise and cloud customers. Both target multi-megawatt AI and hyperscale deployments and compete for build-to-suit contracts; Switch differentiates with higher density and proprietary EVO OS.

Broad incumbents

• NTT Global Data Centers: NTT operates 160+ data centers globally including major US campuses. As a broad incumbent with deep capital, NTT competes for hyperscale and AI colocation contracts at scale similar to Switch's offering, with greater global reach but comparable density focus on its newest US builds.

Emerging players

• Crusoe Energy: Crusoe is an AI-focused cloud infrastructure provider building data centers co-located with stranded energy. Like CoreWeave, Crusoe both uses third-party colos and increasingly builds its own AI-optimized capacity, making it a partial competitor and adjacent player in the AI infrastructure market.
• CoreWeave: CoreWeave is an AI-focused cloud provider that deployed the world's first NVIDIA GB300 NVL72 at Switch's AI Factory. While CoreWeave is also a customer rather than pure peer, it increasingly builds/leases its own data centers, making it both a key customer and a vertical competitor for AI neocloud workloads.

Others

• Schneider Electric: Schneider Electric is Switch's flagship infrastructure partner with a $1.9B supply agreement for power modules and cooling (Uniflair chillers). While not a competitor, Schneider enables Switch's AI Factory buildout and represents a critical supplier relationship for Switch's scaling strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Switch
• Facebookfacebook.com/SwitchDataCenters
• LinkedInlinkedin.com/company/switch-communications-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

Funding overview

Funding rounds7 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Switch