Equinix, a leading data center infrastructure firm, has raised its annual forecasts, citing growth driven by artificial intelligence (AI) advancements. The company reported a quarterly revenue of $2.16 billion, marking a 6.99% year-over-year increase, although it fell short by $1 million. Earnings per share (EPS) rose by 14.68% to $9.22, surpassing expectations by $0.40. Equinix's decision to increase its forecasts is based on the rising demand for AI applications, which are becoming integral to enterprise operations. This trend is part of a broader surge in investments in data centers, with hyperscalers like Amazon and Google leading the charge. The expansion of AI capabilities is prompting significant developments in data center infrastructure, as companies aim to support the next generation of AI models, which require substantial computational resources.