DigitalBridge shares surge 45% on report of SoftBank acquisition talks

DigitalBridge’s stock went wild early Monday, momentarily surging by 50% before US stock markets even opened. The madness started after Bloomberg reported that SoftBank is in serious talks to buy the New York-listed data center company. Barely two hours later, the stock was still sitting 40.5% higher, while its total year-to-date gain hit 23%, according to data from Google Finance. SoftBank allegedly wants DigitalBridge locked in as part of a bigger plan to grab more AI-related infrastructure, and it’s moving fast. Bloomberg’s unnamed sources (yep, the usual crew with “knowledge of the situation”) say the talks are advanced, and a deal could be announced literally today before the bell. SoftBank’s AI strategy pushes it toward alleged DigitalBridge buyout As Cryptopolitan has been reporting all year, SoftBank’s billionaire founder, Masayoshi Son , has been laser-focused on one thing: AI. And AI needs serious computing power, which means serious infrastructure, a.k.a exactly...

https://www.cryptopolitan.com/digitalbridge-stock-rallies-%e2%89%8845-on-softbank/