VNET and GDS now have a dedicated AIDC comparison.
Compare contracted demand, delivery, utilisation, economics, financing and emerging national-infrastructure integration using company-reported definitions.
The role in the system
Operators, facility technology suppliers and captive developers.
Capacity creates value when it is energised, accepted by customers and earning an adequate return.
Companies in this layer
VNET · GDS · Huawei · ByteDance
Names identify research roles, not a claim that every company has a partnership with every other company.
What would strengthen the thesis?
Evidence of grid-secured delivery, customer move-ins and cash return per site.
What would weaken it?
Technical progress that fails to improve usable output or economic returns; delays, costs or commercial friction that prevent the value test being met.
Architecture notes
AIDC physical architecture
AI hardware increasingly determines rack density, liquid cooling, power topology, fault domains and modular construction. MW is not automatically AI-ready MW.