SoftBank Acquires DigitalBridge for $4 Billion to Boost AI Integration
SoftBank Group has announced its acquisition of DigitalBridge Group in a significant transaction valued at $4 billion. This strategic move underscores SoftBank’s commitment to enhance its portfolio focused on artificial intelligence (AI) and digital infrastructure.
Details of the Acquisition
The acquisition allows SoftBank to expand its influence in the digital infrastructure market. Masayoshi Son, the founder of SoftBank, aims to leverage the increasing demand for the computing resources essential for AI applications.
About DigitalBridge
- Founded: 1991 as Colony Capital
- Transformation: Rebranded to DigitalBridge in 2021
- Current CEO: Marc Ganzi
- Managed Assets: Approximately $108 billion as of September 30
DigitalBridge focuses on various sectors within digital infrastructure, including:
- Data centers
- Cell towers
- Fiber networks
- Small-cell systems
- Edge infrastructure
Strategic Importance for SoftBank
With this acquisition, SoftBank aims to integrate AI into its operations more effectively. The company is in alignment with other tech giants like OpenAI and Oracle, investing heavily to support AI advancements.
Background on AI Investments
SoftBank is involved in the Stargate project, a major initiative focused on developing advanced AI infrastructure. Collaborating with OpenAI and Oracle, SoftBank is working on expanding computing capabilities.
New Computing Sites
In September, it was revealed that SoftBank and its partners plan to establish five new computing sites across:
- Texas
- New Mexico
- Ohio
These sites are projected to deliver a combined power capacity of around 7 gigawatts (GW) once operational. This expansion is a testament to SoftBank’s resolve to be at the forefront of technological innovation.
Through the acquisition of DigitalBridge, SoftBank aims to solidify its position in the AI landscape, meeting the increasing global demand for digital infrastructure.
