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Fintech

Bloomberg: BlackRock Bets $40B on Aligned Data Centers

Summary generated with AI, editor-reviewed
Heartspace News Desk
Source: Bloomberg.com
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Key takeaways

  • A recent Bloomberg report indicates that Aligned Data Centers initiated the year by securing $12 billion in funding
  • This capital is earmarked for significant expansion of its data center infrastructure, driven by the escalating demand for facilities supporting artificial intelligence applications
  • The report further reveals that Aligned is in advanced acquisition talks with BlackRock Inc
A recent Bloomberg report indicates that Aligned Data Centers initiated the year by securing $12 billion in funding. This capital is earmarked for significant expansion of its data center infrastructure, driven by the escalating demand for facilities supporting artificial intelligence applications. The report further reveals that Aligned is in advanced acquisition talks with BlackRock Inc.’s Global Infrastructure Partners. The potential transaction, valued at approximately $40 billion, is poised to be one of the year's most substantial deals and could potentially be the largest acquisition ever recorded in the data center industry.

Related Topics

fintechdata centersfundingBlackRockAligned Data Centers

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