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DayOne Data Centers Seeks Over $4B for Series C Amid AI Infrastructure Boom

GateNews
AI Industry News

According to people familiar with the matter, Singapore-based data center operator DayOne Data Centers is considering raising more than $4 billion in its series C round to meet strong demand for AI infrastructure. The funding target, roughly double the size of a January close led by Coatue Management, would be supported mostly by existing investors.

DayOne, formerly known as GDS International, plans to complete the round before pursuing a U.S. IPO and is also weighing a dual listing in the U.S. and Singapore.

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