Data Center Giant DayOne Considers Increasing Series C Funding to Over $4 Billion

According to Botify Beating monitoring, Bloomberg reported that, according to sources familiar with the matter, as the artificial intelligence boom drives a surge in demand for related infrastructure assets, DayOne Data Centers is considering expanding the size of its Series C funding to over $4 billion.

Sources said the new round of funding is expected to be about twice the size of the previous round in January of this year, with the majority of the funds coming from existing investors. Since the discussions are still at a confidential stage, the sources requested anonymity.