Data-center owners race to sell stakes into the AI boom
The Wall Street Journal reports that U.S. data-center developers are trying to sell majority stakes worth billions as AI demand drives construction costs and investor appetite higher.
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The Wall Street Journal says data-center builders including Netrality, DataBank, Edged, and EdgeCore are working with bankers to sell stakes as AI demand reshapes the sector. DataBank could reportedly fetch about $25 billion, while prior AI-infrastructure deals have already pushed sector M&A to record levels. The same buildout faces harder power constraints, equipment shortages, and growing local opposition.
Key details: Several U.S. data-center developers are exploring large stake sales, DataBank could reportedly be valued around $25 billion, AI demand is driving higher construction costs and record infrastructure M&A.
Why it matters: AI infrastructure has become a private-markets asset rush, not just a cloud-capex line item.