Csquare targets up to $1.35 billion in US initial offering

Csquare Inc., a data center company backed by Brookfield Corp., is seeking to raise as much as $1.35 billion in a US initial public offering. This IPO will serve as a test for investor appetite regarding AI infrastructure and will influence market perceptions of the growth potential for retail colocation. The company targets over $1 billion in funding to support its operations and infrastructure development within the competitive United States data center market.