Data center provider Csquare successfully raised $1.05 billion in its United States initial public offering. Investors continue to support companies poised to benefit from the artificial intelligence boom. The Dallas-based company sold fifty million shares at twenty-one dollars each. Growing demand for AI computing infrastructure boosted investor interest in data center operators. Proceeds will be used to repay outstanding indebtedness and cover offering expenses.

July 16 : Data center provider Csquare said on Thursday it raised $1.05 billion in its U.S. initial public offering as investors continued to back companies expected to benefit…

July 15 : Data center provider Csquare priced its initial public offering at $21 per share, Bloomberg News reported on Wednesday, citing sources.Brookfield the Dallas-based…