\n<\/p>\n
SoftBank Group will acquire digital infrastructure investor DigitalBridge Group in a deal valued at $4bn, the companies said on Monday, as the Japanese investment firm looks to deepen its AI-related portfolio.<\/p>\n
The acquisition would expand SoftBank\u2019s exposure to digital infrastructure as the Japanese conglomerate is positioning its portfolio to focus on artificial intelligence.<\/p>\n
SoftBank\u2019s billionaire founder Masayoshi Son is seeking to capitalize on surging demand for the computing capacity that underpins artificial intelligence applications.<\/p>\n
DigitalBridge invests in digital infrastructure sectors such as datacenters, cell towers, fiber networks, small-cell systems and edge infrastructure, with a portfolio including companies such as Vantage Data Centers, Zayo, Switch and AtlasEdge.<\/p>\n
Founded in 1991 as real estate-focused Colony Capital, the firm pivoted under CEO Marc Ganzi into digital infrastructure and rebranded as DigitalBridge in 2021 after shedding most of its legacy property assets.<\/p>\n
Ganzi will continue leading DigitalBridge as a separately managed platform, the companies said.<\/p>\n
As of 30 September, DigitalBridge managed around $108bn in assets, making it one of the largest dedicated investors in the digital ecosystem.<\/p>\n
SoftBank has ramped up investment in AI as it seeks to position itself at the center of what Son has called a once-in-a-generation technological shift.<\/p>\n
The company, along with OpenAI, Oracle and Abu Dhabi-based tech investor MGX, is investing billions of dollars in the Stargate project, a large-scale computing and infrastructure initiative aimed at supporting advanced AI development.<\/p>\n
OpenAI, Oracle and SoftBank said in September they plan to build five new computing sites across Texas, New Mexico and Ohio, which are expected to have a combined power capacity of about 7GW when in operation.<\/p>\n","protected":false},"excerpt":{"rendered":"
SoftBank Group will acquire digital infrastructure investor DigitalBridge Group in a deal valued at $4bn, the companies said on Monday, as the Japanese investment firm looks to deepen its AI-related portfolio. The acquisition would expand SoftBank\u2019s exposure to digital infrastructure as the Japanese conglomerate is positioning its portfolio to focus on artificial intelligence. SoftBank\u2019s billionaire<\/p>\n","protected":false},"author":1,"featured_media":39508,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[18546,5809,1564,525,21415,1443,1294,9922,526],"class_list":{"0":"post-39507","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-4bn","9":"tag-acquire","10":"tag-artificial","11":"tag-deepen","12":"tag-digitalbridge","13":"tag-intelligence","14":"tag-move","15":"tag-softbank","16":"tag-ties"},"_links":{"self":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/39507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39507"}],"version-history":[{"count":0,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/39507\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/media\/39508"}],"wp:attachment":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}