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What happened
SoftBank will buy DigitalBridge for $4 billion to boost its digital infrastructure assets. DigitalBridge owns major investments in datacenters, fiber networks, and other digital infrastructure. This deal helps SoftBank increase its computing capacity needed for AI development, aligning with its goal to lead in AI technology.
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Key insights
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Digital infrastructure growth: DigitalBridge manages about $108bn in assets including datacenters and fiber networks.
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AI focus: SoftBank aims to expand AI infrastructure, joining projects like Stargate with OpenAI and Oracle.
Takeaways
SoftBank's acquisition marks a strategic step to strengthen its role in AI by controlling key digital infrastructure assets.