Apollo Buys Majority Stake in Stream Data Centers
UNITED STATES, AUG 6 – Apollo Global Management aims to scale Stream Data Centers' development with new capital to meet rising hyperscale cloud and AI demand across key U.S. markets, controlling over 4 gigawatts of powered land.
10 Articles
10 Articles
Apollo acquires majority stake in Stream Data Centers to capitalize on $6.7 trillion AI infrastructure boom - Tech Startups
Apollo is doubling down on digital infrastructure. The alternative asset manager has agreed to buy a majority interest in Stream Data Centers (SDC), betting that the demand for data storage and computing capacity will continue to soar as AI and […] The post Apollo acquires majority stake in Stream Data Centers to capitalize on $6.7 trillion AI infrastructure boom first appeared on Tech Startups.


Apollo buys majority stake in Stream Data Centers
NEW YORK :Apollo agreed to buy a majority interest in Stream Data Centers (SDC), the alternative asset manager said on Wednesday, in a bet on rising demand for digital infrastructure fueled by artificial intelligence and cloud computing.Investors are lining up to put money into data centers, as demand for com
Apollo Global to Buy Builder of Large-Scale US Data Centers
Apollo Global Management Inc. agreed to acquire a majority stake in Stream Data Centers, making its first such acquisition as the alternative asset manager capitalizes on booming demand for digital infrastructure.
Apollo acquires majority stake in Stream Data Centers
Apollo has acquired a majority interest in Stream Data Centers (SDC), marking a significant move into digital infrastructure as demand for hyperscale capacity surges amid rapid advances in artificial intelligence and cloud computing, according to a report by Reuters. Stream, a developer and operator of large-scale data centre campuses across North America, has delivered over 20 facilities to date and maintains a pipeline with multi-gigawatt capa…
Coverage Details
Bias Distribution
- 40% of the sources are Center, 40% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium