Sources: data center operator Switch filed confidentially for a US IPO, and a listing could take place as soon as November; Ben Horowitz is joining its board (Bailey Lipschultz/Bloomberg)

Data center operator Switch has filed confidentially for a US initial public offering, according to Bloomberg, citing people familiar with the matter. The company could list as soon as November.

Switch's board is set to welcome Ben Horowitz, as reported by Bloomberg. The company's data center campuses provide power, cooling, and connectivity for AI computing, serving cloud providers and enterprises.

Reuters previously reported that Switch could raise up to $10 billion, with a potential valuation of around $80 billion, including debt, although this information could not be independently verified. Demand for data center infrastructure has surged due to increased investment in AI.

Brief written by urgent.news from Techmeme, Channel News Asia — 2 reports on this story. Machine-written — it may contain errors, so check the original before relying on it.