Ares Aims to Raise $8 Billion to Back AI-Fueled Data Center Boom
PositiveFinancial Markets

Ares Management Corp. is looking to raise $8 billion to invest in the rapidly growing data center sector, driven by advancements in AI technology. This move is significant as it positions Ares to tap into the lucrative fees associated with this booming industry, highlighting the increasing demand for data infrastructure and the role of AI in shaping the future of technology.
— Curated by the World Pulse Now AI Editorial System