[BUSINESS]■ STORY TIMELINE
PRINCIPAL EYES $3B DATA CENTER FUNDS ON AI BOOM
Principal Financial Group is raising $3 billion across two new funds to capitalize on surging demand for US and European data center infrastructure. The move reflects broader industry momentum as companies scramble to build AI-ready computing capacity.
Bloomberg Tech+0m
Principal Financial Group Inc. is seeking to raise $3 billion for two funds this year to capitalize on demand for invest…
Bloomberg Tech+4d 17h
Elea Data Centers has completed the first phase of a 2.3 billion reais ($470 million) project for Brazilian state-contro…
Bloomberg Tech+5d 15h
MARA continues to shift its focus from Bitcoin mining to the unprecedented energy demand needed to fuel AI. MARA CEO Fre…
Bloomberg Tech+5d 21h
Blackstone Digital Infrastructure Trust Inc. raised $1.75 billion in a US initial public offering, as investors’ appetit…