Sources: data center developer Switch is in talks to raise billions of dollars from PE firms including Brookfield and KKR at a $50B+ valuation (The Information)

Techmeme ·

Switch is pursuing a multibillion-dollar private equity raise at a $50B-plus valuation amid surging AI data center demand.

Categories: Money & Moves

Excerpt

<a href="https://www.theinformation.com/articles/data-center-developer-switch-talks-raise-billions-50-billion-plus-valuation"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260605/i1.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260605/p1#a260605p1" 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="https://www.theinformation.com/">The Information</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.theinformation.com/articles/data-center-developer-switch-talks-raise-billions-50-billion-plus-valuation">Sources: data center developer Switch is in talks to raise billions of dollars from PE firms including Brookfield and KKR at a $50B+ valuation</a></b></span>&nbsp; &mdash;&nbsp; Data center developer Switch is in talks to raise billions of dollars at a valuation of at least $50 billion, as it seeks to capitalize &hellip; </p>