SoftBank Acquires DigitalBridge for $4 Billion to Boost AI

SoftBank Group will acquire DigitalBridge Group for $4 billion to expand its physical infrastructure portfolio for AI.The investment firm led by Masayoshi Son plans to operate DigitalBridge as a separate platform under its current CEO Marc Ganzi.This strategic move follows SoftBank's recent divestment from Nvidia and its multi-billion dollar commitment to OpenAI and the Stargate project.