DayOne Data Centers Plans $5 Billion US IPO

DayOne Data Centers is preparing for a US initial public offering (IPO) that could generate approximately $5 billion, according to sources familiar with the situation. Bloomberg posted on X, revealing that the company has enlisted banks to assist in organizing the IPO. The move comes as DayOne seeks to expand its operations and capitalize on growing demand in the data center industry. The IPO is expected to attract significant interest from investors, given the company's position in the market and the increasing reliance on data centers for digital infrastructure. Further details about the timing and specifics of the IPO have not been disclosed.