Sources: Abu Dhabi's MGX is exploring buying Singapore-based data center operator DayOne; last month, sources said DayOne planned a US IPO at a $20B valuation (Reuters)
MGX is reportedly exploring a multibillion-dollar DayOne acquisition, signaling continued sovereign capital appetite for AI data center infrastructure.
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<p><a href="https://www.techmeme.com/260619/p22#a260619p22" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="http://www.reuters.com/">Reuters</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.reuters.com/world/asia-pacific/abu-dhabis-mgx-weighs-multi-billion-deal-data-centre-operator-dayone-sources-say-2026-06-19/">Sources: Abu Dhabi's MGX is exploring buying Singapore-based data center operator DayOne; last month, sources said DayOne planned a US IPO at a $20B valuation</a></b></span> — Abu Dhabi-backed artificial intelligence investor MGX has been exploring buying Singapore-based data centre operator DayOne … </p>
Read at source: https://www.techmeme.com/260619/p22#a260619p22