GDS raises $1b from Coatue, Baupost Group to expand global data centre business

GDS raises $1b from Coatue, Baupost Group to expand global data centre business

Photo by Taylor Vick on Unsplash

GDS Holdings Limited, a China-based developer and operator of high-performance data centres in China and Southeast Asia, has raised $1 billion for its international affiliate from US investors who seek to capitalise on the infrastructure supporting a future of artificial intelligence (AI) and cloud.

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