DayOne Is Said to Consider Upsizing Funding Round to $4 Billion

DayOne Data Centers Ltd. is considering upsizing its Series C funding round to more than $4 billion, according to people familiar with the situation, amid strong investor interest in assets supporting an artificial intelligence boom.

The new size would be about twice as big as a previous closing in January and led mostly by existing backers, the people said, asking not to be identified because the deliberations are private.