Switch: Due to the need of AI to submit confidentially to the US IPO, the valuation reaches $80 billion
2026-08-08 08:52:31
According to CoinMeta, Switch has secretly submitted an application to the US IPO due to the need to optimize its infrastructure for AI. The target valuation reaches $80 billion. This IPO highlights the growing demand for optimizing infrastructure in AI and may reshape data center investments and market dynamics.
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Source:Crypto Briefing
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