Acquisition would further expand SoftBank’s investments in artificial intelligence as it tries to center itself in the boom

The premarket move comes shortly after Bloomberg reported Japan's SoftBank was in advanced talks to acquire the data center investment firm.

Acquisition continues Masayoshi Son’s spate of artificial intelligence investments

Acquisition would further expand SoftBank’s investments in artificial intelligence as it tries to center itself in the boom

Companies have been spending big on AI infrastructure to support growing compute and connectivity needs.