{"slug": "singapore-based-data-center-operator-is-said-to-confidentially-file-for-5-ipo-in", "title": "Singapore-based Data Center Operator Is Said to Confidentially File for $5 Billion IPO in US", "summary": "DayOne Data Centers Ltd., a Singapore-based data center operator, has confidentially filed for a US initial public offering and aims to raise about $5 billion, according to people familiar with the matter. The company, which closed a $4.5 billion Series C funding round in June led by Coatue Management and Hillhouse, may target a valuation of about $20 billion. The listing could occur as soon as next quarter, driven by surging investor interest in AI-related data center infrastructure.", "body_md": "(Bloomberg) -- DayOne Data Centers Ltd. has confidentially filed for a US initial public offering, according to people familiar with the matter.\n\nMost Read from Bloomberg\n\n-\n[China Unleashes $28 Trillion Capital Markets to Challenge US in AI](https://www.bloomberg.com/news/features/2026-08-09/china-bets-on-ai-stocks-as-it-races-against-us-for-chip-tech-dominance?utm_campaign=bn&utm_medium=distro&utm_source=yahooUS) -\n[Stocks Churn as Hormuz Standoff Spurs Rally in Oil: Markets Wrap](https://www.bloomberg.com/news/articles/2026-08-09/stock-market-today-dow-s-p-live-updates?utm_campaign=bn&utm_medium=distro&utm_source=yahooUS) -\n[Iran Shakes Up Security Team After Saying Oman Deal 'Very Close'](https://www.bloomberg.com/news/articles/2026-08-09/wait-for-hormuz-deal-stretches-on-as-iran-says-terms-must-be-met?utm_campaign=bn&utm_medium=distro&utm_source=yahooUS)\n\nThe Singapore-based data center operator aims to list as soon as next quarter, the people said, asking not to be identified discussing private information. It has been considering raising around $5 billion from the IPO, the people said.\n\nBloomberg News reported previously that DayOne may target a valuation of about $20 billion from the listing. Considerations are ongoing and details including size and timing may change, the people said.\n\nDayOne didn't immediately respond to a request for comment.\n\nDayOne closed a $4.5 billion Series C funding round in June, led by its biggest shareholders, Coatue Management and Hillhouse, and also including new backers Achi Capital Partners and the Indonesian Investment Authority. The financing will accelerate DayOne's expansion in key markets such as Singapore, Malaysia, Indonesia, Thailand, Japan, Hong Kong, Finland and Spain, the company said.\n\nSince its inception in 2022, DayOne has secured more than 1.5 gigawatts of bookings for capacity in the Asia Pacific and Europe. Its investors also include China's GDS Holdings Ltd., SoftBank Vision Fund and Citadel's Ken Griffin.\n\nInvestor interest in data centers has been surging with the rise of artificial intelligence. Australia's Firmus Technologies Pty said last week it had received commitments for a $2 billion investment round. Coatue was involved in that as well. Switch Inc. and Nscale are among other data center operators lining up IPOs in the US as soon as this year.\n\n--With assistance from Manuel Baigorri.\n\nMost Read from Bloomberg Businessweek\n\n-\n[Supercharged by Social Media, the GLP-1 Boom Is Warping Teen Psyches](https://www.bloomberg.com/news/features/2026-08-10/youtube-tiktok-glp-1-content-has-teens-obsessing-over-their-health-bodies?utm_campaign=bw&utm_medium=distro&utm_source=yahooUS) -\n[How Apple and India Built an Alternative iPhone Production Hub](https://www.bloomberg.com/news/features/2026-08-05/apple-builds-iphone-production-capacity-in-india-to-hedge-its-china-risk?utm_campaign=bw&utm_medium=distro&utm_source=yahooUS) -\n[The $5 Billion Cosmetics Company Behind the High-Flying Rhode Brand](https://www.bloomberg.com/news/features/2026-08-07/hailey-bieber-founded-rhode-helps-power-e-l-f-beauty-to-5-billion-empire?utm_campaign=bw&utm_medium=distro&utm_source=yahooUS)\n\n©2026 Bloomberg L.P.", "url": "https://wpnews.pro/news/singapore-based-data-center-operator-is-said-to-confidentially-file-for-5-ipo-in", "canonical_source": "https://ca.finance.yahoo.com/news/singapore-based-data-center-operator-073715801.html", "published_at": "2026-08-11 07:37:15+00:00", "updated_at": "2026-08-11 10:38:22.404907+00:00", "lang": "en", "topics": ["ai-infrastructure"], "entities": ["DayOne Data Centers Ltd.", "Coatue Management", "Hillhouse", "Achi Capital Partners", "Indonesian Investment Authority", "GDS Holdings Ltd.", "SoftBank Vision Fund", "Ken Griffin"], "alternates": {"html": "https://wpnews.pro/news/singapore-based-data-center-operator-is-said-to-confidentially-file-for-5-ipo-in", "markdown": "https://wpnews.pro/news/singapore-based-data-center-operator-is-said-to-confidentially-file-for-5-ipo-in.md", "text": "https://wpnews.pro/news/singapore-based-data-center-operator-is-said-to-confidentially-file-for-5-ipo-in.txt", "jsonld": "https://wpnews.pro/news/singapore-based-data-center-operator-is-said-to-confidentially-file-for-5-ipo-in.jsonld"}}