{"slug": "betsy-cohen-sees-spacs-as-the-on-ramp-for-ai-data-center-companies-going-public", "title": "Betsy Cohen sees SPACs as the on-ramp for AI data center companies going public", "summary": "Betsy Cohen, the veteran dealmaker known as the 'SPAC Queen,' is promoting SPACs as a natural path for AI data center companies to go public, citing the need for public capital to fund massive infrastructure buildouts. Cohen Circle has raised over $5 billion across multiple SPAC vehicles since 2015, though its deals have historically focused on fintech rather than AI data centers. Investors should note that SPAC-merged companies have historically underperformed, and Cohen's actual deployment toward AI data center targets remains unconfirmed.", "body_md": "# Betsy Cohen sees SPACs as the on-ramp for AI data center companies going public\n\nThe veteran dealmaker behind over $5 billion in SPAC vehicles is eyeing the AI infrastructure boom as the next frontier for blank-check deals\n\nThe woman Wall Street calls the “SPAC Queen” thinks she knows how AI data center companies will reach public markets, and it’s the same vehicle she’s been driving for nearly a decade.\n\nBetsy Cohen, co-founder of Cohen Circle LLC, has been making the case that SPACs, or special purpose acquisition companies, represent a natural path for AI infrastructure firms that need public capital to fund their massive buildouts.\n\n## The SPAC veteran’s track record\n\nSince 2015, Cohen has sponsored at least nine SPACs, successfully bringing seven companies public between 2015 and 2021. Across various funding vehicles, Cohen Circle has raised over $5 billion in total.\n\nThe firm operated under the name FinTech Masala until late 2022, when it rebranded to Cohen Circle to signal a broader investment appetite beyond its original fintech focus. Betsy Cohen founded the firm alongside her son Daniel Cohen.\n\nCohen Circle Acquisition Corp. I completed its business combination with Kyivstar Group in August 2025, receiving SPACInsider’s Deal of the Year recognition. Cohen Circle Acquisition Corp. II was filed in May 2025, targeting up to $220 million with a fintech focus.\n\nWhile Cohen is publicly discussing SPACs as a vehicle for AI data center firms, her firm’s actual deal history has been concentrated in fintech and technology companies. A review of publicly available records indicates that Cohen Circle’s SPAC activities have not yet specifically focused on AI data centers.\n\n## Why AI data centers and SPACs make sense together\n\nSPACs offer a faster alternative to traditional IPOs and allow target companies to present forward-looking financial projections to investors, something that is restricted in conventional public offerings. For AI data center firms that are pre-revenue or early-revenue but sitting on contracted pipelines, that ability to sell the future is worth a lot.\n\n## What this means for investors\n\nInvestors should understand the risk profile here. SPAC-merged companies have historically underperformed the broader market in their first year of trading. An AI data center firm that goes public via SPAC still needs to deliver on its construction timelines, secure power purchase agreements, and sign hyperscaler contracts.\n\nCohen Circle’s existing portfolio skews heavily toward fintech, and the Cohen Circle Acquisition Corp. II filing from May 2025 maintains that focus. Whether Cohen actually deploys a future vehicle specifically toward an AI data center target remains to be seen.\n\n**Disclosure:** This article was edited by Editorial Team. For more information on how we create and review content, see our\n\n[Editorial Policy](https://cryptobriefing.com/editorial-policy/).", "url": "https://wpnews.pro/news/betsy-cohen-sees-spacs-as-the-on-ramp-for-ai-data-center-companies-going-public", "canonical_source": "https://cryptobriefing.com/spacs-ai-data-center-betsy-cohen/", "published_at": "2026-06-24 19:04:13+00:00", "updated_at": "2026-06-24 19:19:24.698794+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure", "ai-startups", "ai-policy"], "entities": ["Betsy Cohen", "Cohen Circle LLC", "FinTech Masala", "Cohen Circle Acquisition Corp. I", "Cohen Circle Acquisition Corp. II", "Kyivstar Group", "SPACInsider"], "alternates": {"html": "https://wpnews.pro/news/betsy-cohen-sees-spacs-as-the-on-ramp-for-ai-data-center-companies-going-public", "markdown": "https://wpnews.pro/news/betsy-cohen-sees-spacs-as-the-on-ramp-for-ai-data-center-companies-going-public.md", "text": "https://wpnews.pro/news/betsy-cohen-sees-spacs-as-the-on-ramp-for-ai-data-center-companies-going-public.txt", "jsonld": "https://wpnews.pro/news/betsy-cohen-sees-spacs-as-the-on-ramp-for-ai-data-center-companies-going-public.jsonld"}}