SoftBank is in advanced talks to acquire DigitalBridge, sending DBRG shares sharply higher as the conglomerate doubles down on AI-driven digital infrastructure.

SoftBank is in advanced talks to acquire DigitalBridge, sending DBRG shares sharply higher as the conglomerate doubles down on AI-driven digital infrastructure.

SoftBank is in advanced talks to acquire DigitalBridge, sending DBRG shares sharply higher as the conglomerate doubles down on AI-driven digital infrastructure.

SoftBank Group Corp said Monday it will acquire U.S. data center investment company DigitalBridge Group Inc for roughly $4 billion to beef up its ability to build and finance infrastructure for new artificial intelligence services. SoftBank will indirectly acquire all the outstanding DigitalBridge common stock for $16 per share, with…