Investing

The potential transaction could raise about $1 billion for the Shanghai-based developer of hyperscale data centers.

It’s the latest of big funds piecing together vast, comprehensive infrastructure platforms for connectivity and computing.

Monroe County is finishing a power plant in the unincorporated town of Hannibal that it hopes to use, in conjunction with Opportunity Zones, to attract data centers.

Using a financing method called "securitization," US-based data center operators have been able to raise more money to finance growth than their European counterparts, who primarily rely on traditional bank financing.

Private equity firm floats the startup $100 million, enough to complete California computing vessel and more.

Forecast helped by surge in spending on internet infrastructure and purchases of computer gaming gear