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