Abu Dhabi's MGX weighs multi-billion deal for data centre operator DayOne

Short summary

Abu Dhabi's MGX is exploring acquisition of Singapore-based data centre operator DayOne, marking its first Asian expansion amid $100B+ AI infrastructure investment plans. DayOne was separately planning a $20B U.S. IPO, suggesting MGX may not meet that valuation. Reflects accelerating consolidation in AI infrastructure globally.

• •MGX (Abu Dhabi AI investor) exploring DayOne (Singapore data centre operator) acquisition
• •Part of MGX's $100B+ AI sector investment; first Asian expansion
• •DayOne had planned $20B U.S. IPO — deal suggests lower valuation

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