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00:02Day One data centers filed for a U.S. initial public offering on Monday,
00:06testing investor demand for data center listings amid challenging market conditions, according to
00:10Reuters. The Singapore-based company reported a $77.2 million net loss on $512 million in revenue
00:17for the six months ended June 30, compared with a $12.6 million loss on $151.5 million in revenue
00:25a year earlier. Day One develops and operates data centers for cloud computing and AI customers
00:30across Asia Pacific and Europe. The company has not disclosed the offering size, although Reuters
00:36reported in February that it was targeting up to $5 billion at a potential $20 billion valuation.
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