Equinix Announces Faster Virtual Connections to the Cloud; Partners with Google Cloud to Support Workloads Including Artificial Intelligence and Machine Learning

REDWOOD CITY, Calif., June 19, 2023 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company^®, today announced significant enhancements to Equinix Fabric^®, featuring the introduction of 25 and 50 gigabits per second (Gbps) virtual connections to cloud service providers. These advancements empower businesses to effortlessly manage larger workloads, like data-intensive AI training models or building scalable enterprise networks, by seamlessly and instantly provisioning virtual connections to leading cloud platforms. Google Cloud will be the inaugural partner to leverage this new capability.

Equinix Fabric is a software-defined network platform that provides access to thousands of service providers, network, communication, security and other cloud providers—all from a single location or multiple locations globally. Beginning in Q3 2023, Equinix Fabric customers will be able to provision virtual connections to the cloud with bandwidths up to 50 Gbps. Equinix has worked with Google Cloud as the first cloud partner to support this new capability, with integrations with other major cloud platforms expected in the future.

As businesses continue to shift to a hybrid multicloud world, it is critical that they can quickly and easily move data from one cloud to another as needed. By providing faster connections that can be created in minutes, the development of complex and data-intense applications, such as training artificial intelligence (AI) models, can be accelerated.

"Now more than ever customers need access to their data, and they need it fast, whether it's for training a new AI model or enabling hybrid multicloud connectivity between critical workloads," said Arun Dev, Global Leader for Digital Interconnection Services at Equinix. "Customers need to connect digital infrastructure and services on demand at software speed via secure, software-defined interconnection. I'm excited that Google Cloud is the first partner to help our joint customers unlock their growing hybrid multicloud workloads."

This new capability will allow customers to:

• Better manage enterprise applications running on hybrid database platforms that support large data sets such as high-resolution images or video
• Accelerate transfers of data into, out of, and between cloud environments to respond more quickly to changing business demands for cloud resources and services
• Build more scalable backbone networks to connect customer deployments together and integrate cloud workloads for a more ubiquitous customer experience
• Deploy more flexible content delivery networks that connect cloud-based services such as streaming services, gaming platforms and social media networks to subscribers

Partner Quote

"We are excited to collaborate with Equinix and expand our offerings for customers via our Partner Interconnect solution for private cloud access," said Muninder Sambi, VP/GM, Product Management, Cloud Networking, Google Cloud. "As we continue to see a rise of distributed applications in hybrid cloud environments, the need for highly performant, low-latency, secure connectivity between public and private cloud continues to grow. Enabling the provisioning of private connections to Google Cloud from Equinix locations using Equinix Fabric enables customers to securely build, manage and monitor global networks and application workloads simply and efficiently."

Additional Resources

• Equinix Fabric
• Google Blog

About Equinix
Equinix (Nasdaq: EQIX) is the world's digital infrastructure company^®. Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.

Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, risks to our business and operating results related to the COVID-19 pandemic; the current inflationary environment; foreign currency exchange rate fluctuations; increased costs to procure power and the general volatility in the global energy market; the challenges of acquiring, operating and constructing IBX^® and xScale^® data centers and developing, deploying and delivering Equinix products and solutions; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; risks related to our taxation as a REIT and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent and upcoming Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.

SOURCE Equinix, Inc.