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AI News from ET - I Squared bets on AI inference with $225 million data centre buy from Cogent

Vishwadeep Khatri
in AI News & Two Lenses

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Investment manager I Squared Capital has acquired 10 data centre facilities from Cogent Fiber for $225 million. This move signals a significant investment in AI infrastructure. I Squared Capital plans to inject an additional $1 billion for upgrades and expansions. The deal focuses on data centres closer to end-users, crucial for AI inference.

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