DayOne Data Center Aims For $20 Billion Valuation In Potential IPO

Singapore-headquartered data center operator DayOne is aiming for a valuation of up to $20 billion for its upcoming U.S. initial public offering (IPO), a significant jump from the company's previous funding rounds.

Deliberations are understood to be ongoing, though sources familiar with the matter noted that DayOne personnel are speaking with banks to discuss the potential share sale, which may take place sometime this year, a Bloomberg article stated. 

This potential IPO would be one of the largest private-equity-backed AI infrastructure listings to ...