Finance

Switch Data Centers Raises Funds at $50 Billion Valuation — AI Boom Drives Investment

Data center developer Switch negotiating to secure billions in funding with valuation projected to exceed $50 billion, Brookfield and KKR participating, IPO planned for 2027

By 19Network Editorial Team · Jun 5, 2026 · 5 min read

Switch data center facility exterior with massive server buildings and cooling infrastructure showing AI infrastructure investment valued at $50 billion

Data center developer Switch is in negotiations to raise several billion dollars at a valuation of at least $50 billion, with Brookfield Asset Management, KKR, and other private equity investors participating in the funding round.

Data center developer Switch is in negotiations to raise several billion dollars at a valuation of at least $50 billion, with Brookfield Asset Management, KKR, and other private equity and institutional investors having begun discussions regarding participation in this funding round. The financing could pave the way for Switch's initial public offering, which could take place as early as next year, marking a significant milestone for the data center infrastructure company. Investment banking teams from Goldman Sachs and JPMorgan are working with Switch to facilitate the transaction, ensuring the company secures optimal valuation while attracting high-quality institutional investors. The involvement of top-tier financial institutions demonstrates Switch's strong market position and the high demand for data center infrastructure amid the artificial intelligence boom that has driven unprecedented demand for computing power and digital storage capacity. The $50 billion-plus valuation reflects the critical role data centers play in supporting artificial intelligence applications, cloud computing services, and digital infrastructure that modern businesses require. As companies…