DigitalBridge

DigitalBridge shares surged nearly 50% following reports that SoftBank Group is in advanced talks to acquire the data center investment firm. This potential deal, which could be announced soon, comes as global demand for digital infrastructure, particularly for AI, intensifies. SoftBank’s move aligns with its strategic shift towards generative AI, following its recent divestment from Nvidia. DigitalBridge manages approximately $108 billion in assets, making this a significant potential consolidation in the digital infrastructure sector.