Switch Funding Talks

Switch Pursues $50 Billion Valuation and Potential 2025 IPO to Expand AI Data Centers

Data-center developer Switch is reportedly in advanced discussions to raise billions of dollars in a funding round that could value the company at more than $50 billion, with Brookfield Asset Management and KKR among the potential investors. Multiple reports say the capital would help support expansion and upgrades to power and other infrastructure, as demand for AI-ready facilities continues to surge across the U.S. and globally. The fundraising effort is also seen as a potential pathway to an initial public offering, possibly as early as next year. Investment banks including Goldman Sachs and JPMorgan are described as working with Switch to structure and attract capital. One report noted Switch had not immediately commented and the funding talks were not independently verified at the time of publication.

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