{
  "id": 5371457,
  "title": "CEO Who Just Sold His Data Center Firm to SoftBank for $4 Billion Is Warning of a Late 1990s Moment",
  "url": "https://urgent.news/2026/09/03/ceo-who-just-sold-his-data-center-firm-to-softbank-for-4-billion-is",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-09-03T17:07:42.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/ceo-just-sold-data-center-170742472.html"
  },
  "original_language": "en",
  "account": "Marc Ganzi, CEO of DigitalBridge Group, has expressed concerns about the AI infrastructure market, likening it to the late 1990s tech boom. DigitalBridge, which was recently sold to SoftBank for $4 billion, operates at a lower leverage ratio compared to newer data center rivals. Ganzi highlighted that while his company maintains a 45% loan-to-value ratio, others are pushing towards 70-80%. He warned that the market is currently experiencing a similar riskiness to that period. The financing structure around NVIDIA's chip-financing initiative has been criticized as \"priced to perfection,\" as every assumption in the structure must hold for it to succeed. Ganzi emphasized that a well-leased, investment-grade campus with a moderate debt structure has a customer and steady rent, while a first-time developer borrowing a significant portion of the project's value on behalf of an unrated operator faces higher risks.",
  "summary": null,
  "key_points": [
    "Marc Ganzi, former DigitalBridge CEO, warns of late 1990s tech boom risks",
    "DigitalBridge sold to SoftBank for $4 billion, operates at lower leverage",
    "AI infrastructure market likened to risky period of 1990s tech boom"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}