Sources: Abu Dhabi's MGX is exploring buying Singapore-based data center operator DayOne; last month, sources said DayOne planned a US IPO at a $20B valuation (Reuters)
THE SO WHAT
A potential MGX acquisition of DayOne — which was eyeing a $20B US IPO — shows sovereign AI capital is willing to buy entire data center platforms, not just rent capacity. If your strategy assumes neutral, widely available colo in Asia, start mapping how consolidation by AI-focused investors could change pricing and access.
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