SoftBank in Talks to Buy Data-Center Investor DigitalBridge
PositiveTechnology

- SoftBank Group Corp. is reportedly in discussions to acquire DigitalBridge Group Inc., a private equity firm focused on data centers, as part of its strategy to capitalize on the growing demand for digital infrastructure driven by artificial intelligence advancements.
- This potential acquisition is significant for SoftBank as it seeks to enhance its portfolio in the technology sector, particularly in areas related to AI and data management, which are increasingly critical in today's digital economy.
- The move comes amid a backdrop of fluctuating investor confidence in SoftBank, highlighted by recent concerns over its substantial investments in AI and the impact of rising competition in the technology landscape, as evidenced by its recent stock performance and credit-default swap trends.
— via World Pulse Now AI Editorial System
