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News 2026-10-06 05:37 UTC

SoftBank-Backed DayOne Data Centers Plans to Raise Up to $5.0 Bln in U.S. IPO

By P.R. Venkat and Kimberley KaoA SoftBank-backed data-center company is seeking to raise up to $5 billion in a U.S. initial public offering, according to people familiar with the situation, in a test of investor appetite for artificial-intelligence-related stocks in the world's busiest equity-fund…