Regions

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

It has cookie-cutter designs for time-sensitive clients but remains open to customization.

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

The colocation giant said the deal would add 500 net new customers, $105 million in annualized revenue.

The two companies had a similar start, but one skyrocketed, while the other plateaued. Silicon Valley trumped London in a next-generation takeover.

The government's disaster mitigation team has found it difficult to get data center operators' pandemic-related outage risk assessments.

Kingsoft Cloud is reportedly the third biggest cloud services provider in China by revenue.