Data centre developer Switch in talks to raise funds at $50 billion-plus valuation: Report

Data centre developer Switch is in talks to raise billions of dollars at a valuation of at least $50 billion, The Information reported on Thursday, citing people with knowledge of the deal.

Here ‌are ⁠some details:

⁠Brookfield Asset Management, KKR and other private equity ​and institutional investors have been in talks to invest ​in the round, the report said.