NTT Unit Aims for $1 Billion for U.S. Data Center Growth
The company is working with Citigroup to raise the money by selling stakes in a development company for the new data center projects.
A subsidiary of NTT is reportedly seeking to secure approximately $1 billion to fund the construction of new data centers across the United States. The company is reportedly collaborating with Citigroup to facilitate this fundraising effort. The plan involves selling equity stakes in a newly formed development entity dedicated to these projects.
This expansion signifies a significant investment in U.S. digital infrastructure, potentially impacting cloud computing and data storage capabilities.
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