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SoftBank in talks to buy digital infra firm DigitalBridge, source says
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SoftBank is in talks to acquire DigitalBridge, a digital infrastructure firm, to leverage its AI-linked portfolio. The deal may be finalized by year-end. DigitalBridge's shares surged 35% following the news. The firm manages $108 billion in assets, investing in data centers and other digital infrastructure. This move aligns with increased investments in AI infrastructure, projected to reach $6.7 trillion by 2030. SoftBank is also part of the Stargate initiative, aiming to invest $500 billion in AI infrastructure.
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