LeadStory

CNBC

Softbank to buy data center firm DigitalBridge

CNBC · Just In
CNBC
CNBC
Just In

CNBC’s Kristina Partsinevelos reports on SoftBank’s acquisition of DigitalBridge for $4 billion.

Breakdown
  • SoftBank announces $4 billion all-cash deal to buy DigitalBridge
  • DigitalBridge manages $108 billion in data center assets; stock jumps 10% 6s
  • Masayoshi Son sold $6 billion in NVIDIA stock to fund AI infrastructure 31s
  • Major firms are acquiring data centers to meet AI demand and avoid build delays 1m 3s
  • SoftBank gains future capacity as DigitalBridge leases expire within five years 2m 2s