Blackstone Plans $2B IPO for Data Center Acquisition Firm
MC
Maya Chen
AI Business CorrespondentBloomberg Technology✓Verified across 1 source
The Brief
Blackstone is pursuing a $2 billion initial public offering for a newly formed company focused on acquiring data centers, capitalizing on surging demand for AI infrastructure. The move signals major institutional investors' confidence in the data center sector's growth trajectory.
✓Verified across 1 independent source