Data center developer Switch eyed at $50B+ valuation in massive private funding talks: report (KKR:NYSE)

Switch in talks to raise funding at $50 billion-plus valuation as AI data center demand surges - Tech Startups

The AI boom has created a new class of winners. They are not building chatbots or training large language models. They are building the infrastructure that makes those technologies possible. Switch, one of the largest data center operators in the […] The post Switch in talks to raise funding at $50 billion-plus valuation as AI data center demand surges first appeared on Tech Startups.

Switch in talks to raise funds at $50 billion-plus valuation ...

Data-centre developer Switch in talks to raise at $50bn-plus valuation

Switch is trying to raise money at a valuation that would have looked implausible for a data-centre developer a few years ago. The Las Vegas company is in talks to raise billions of dollars at a valuation of at least $50bn, according to The Information, as it moves to capitalise on the demand for the […] This story continues at The Next Web

Data center developer Switch eyed at $50B+ valuation in massive private funding talks: report (KKR:NYSE)

Switch is in talks to raise billions at a $50B+ valuation with Brookfield, KKR and others—IPO could come next year.

Data Centre Giant Switch Eyes $50B Valuation

Data centre developer Switch is reportedly in advanced discussions to raise billions of dollars, a move that could significantly value the company at a minimum of US$50 billion. The development was initially reported by The Information on Thursday, citing sources with direct knowledge of the ongoing deal. Private equity powerhouses such as Brookfield Asset Management and KKR, alongside other prominent institutional investors, are understood to b…

Switch eyes multi-Billion Dollar fundraise at $50 Bn valuation ahead of potential IPO | Business Review Live | Business News, Reviews | Entrepreneur Stories, Interviews

Data centre developer Switch is reportedly negotiating a multi-billion-dollar fundraising round that could value the company at more than $50 billion,