SynopsisThe company operates large-scale data centre campuses that provide power, cooling and connectivity needed for AI computing, enabling cloud providers and enterprises to deploy GPU clusters used to train and run AI models.AgenciesData centre firm Switch filed confidentially for a US initial public offering, Bloomberg News reported on Friday, citing people familiar with the matter.Reuters has previously reported, citing sources, that the company could raise up to $10 billion as soon as the fourth quarter at close to a $80 billion valuation, including debt.Switch did not immediately respond to a Reuters request for comment on the Bloomberg report. Reuters could not independently verify the report.The company operates large-scale data centre campuses that provide power, cooling and connectivity needed for AI computing, enabling cloud providers and enterprises to deploy GPU clusters used to train and run AI models.Demand for such infrastructure has surged as companies invest heavily in AI, driving interest in data centre operators and other firms that support the computing backbone of the technology. ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now
Data centre firm Switch confidentially files for US IPO: Bloomberg - The Economic Times
The company operates large-scale data centre campuses that provide power, cooling and connectivity needed for AI computing, enabling cloud providers and enterprises to deploy GPU clusters used to train and run AI models.








