Sources: data center operator Switch has hired investment banks for a US IPO that could raise up to $10B and value it at $80B, set for as soon as Q4 (Reuters)
Switch is preparing a massive IPO that could reshape capital flows in AI-adjacent data center infrastructure.
Excerpt
Reuters:
Sources: data center operator Switch has hired investment banks for a US IPO that could raise up to $10B and value it at $80B, set for as soon as Q4 — Data center operator Switch is preparing for a significant initial public offering. This offering could potentially raise up to ten billion dollars soon.
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