Vantage explores a $100B AI data-center IPO

Vantage Data Centers is holding early discussions about an IPO or sale at roughly $100 billion, potentially raising about $10 billion, as AI demand pushes data-center infrastructure toward public-market scale. The reported options say Vantage runs 35 campuses on five continents and has taken in roughly $11 billion since late 2023, while any deal could still disappear. AI infrastructure buyers should read this as a capital-market signal, not delivered capacity: Oracle’s $55.7 billion annual AI buildout is the better reminder to separate contracted power and revenue from valuation headlines.