Data center provider DataBank has raised $533 million in debt and equity to build U.S. data centers to meet the demand for capacity, spurred by the rise in the use of artificial intelligence applications.
Rise of Artificial Intelligence Helps Spur DataBank's Latest Capital Raise
DigitalBridge Portfolio Company Raises $533 Million for Data Centers
CoStar News
November 30, 2023 | 6:41 P.M.
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- The DataBank Building
400 Akard St, Dallas, TX
- Companies
- DataBank
Information
- DigitalBridge
Real Estate