(Dec 29): SoftBank Group Corp agreed to acquire private equity firm DigitalBridge Group Inc in a deal valuing the data centre investor at US$4 billion (RM16.19 billion) including debt. The acquisition is part of SoftBank’s push to invest in the digital infrastructure fuelling the artificial intelligence (AI) boom. SoftBank’s billionaire founder, Masayoshi Son, aims to capitalise on soaring demand for digital infrastructure, driven by the AI boom. SoftBank has also held discussions with closely held Switch about a possible acquisition, which specialises in designing and operating energy-efficient data centres, Bloomberg reported this month, citing people familiar with the matter. In January, SoftBank announced the US$500 billion Stargate project, alongside OpenAI, Oracle and Abu Dhabi’s MGX, to build data centres in the US.

Source: The Edge Markets December 29, 2025 07:05 UTC