DayOne Pursues November IPO Amid AI Scrutiny
Data center operator DayOne plans to proceed with a November public offering aiming to raise up to five billion dollars. The move comes as investors apply stricter criteria to AI infrastructure projects amid higher interest rates and financing costs.
Insights:
Data center operator DayOne is targeting a public listing in Singapore as soon as November, aiming to raise up to $5B at a $20B valuation.
