Brookfield Asset Management, KKR and other private equity and institutional investors have been in talks to invest in the round, the report said.

Data center developer Switch is in talks to raise billions of dollars at a valuation of at least $50 billion, as it seeks to capitalize on soaring demand for the infrastructure…

Brookfield Asset Management, KKR and other private equity and institutional investors have been in talks to invest in the round, the report said.

Switch is in talks to raise billions at a $50bn-plus valuation, with Brookfield and KKR among investors, potentially setting up a 2027 IPO.