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Data center operator DataBank nets $250M equity investment | TechCrunch

The data center market is booming, driven by AI demand. Just last week, OpenAI said that it plans to team up with backers including SoftBank to spend at least $100 billion on data center infrastructure in the U.S. Microsoft aims to put around $80 billion toward AI infrastructure this year, and rival tech giants have also upped their footprints. Firms like DataBank, which provide high-performance compute-ready data centers for enterprise clients, are the big winners in the race for more compute. ...

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