Abu Dhabi's MGX weighs multi-billion deal for data centre operator DayOne (opens original article in a new tab)

Abu Dhabi's MGX is reportedly considering a multi-billion deal to acquire Singapore-based data centre operator DayOne, which could be its first Asian acquisition as part of its global expansion in the AI sector.

• Abu Dhabi's MGX is exploring the acquisition of Singapore-based data centre operator DayOne.
• DayOne was planning a $20 billion U.S. IPO, but MGX may not match that valuation.
• MGX aims to invest over $100 billion across the AI sector, marking its first Asian acquisition if the deal proceeds.