Data Center Firm AirTrunk Mulls IPO at A$10 Billion Value

  • Investors Macquarie and PSP asked for proposals, report says
  • Sector forecasts rapid growth from use of AI, cloud services

Rendering of AirTrunk’s Sydney West facility. 

Source: AirTrunk
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Data center operator AirTrunk is considering an initial public offering that would give the company an enterprise value of more than A$10 billion ($6.4 billion), the Australian Financial Review reportedBloomberg Terminal.