There’s soon to be a new entrant in the growing list of initial public offerings triggered by the rapid growth of artificial intelligence. Data center operator Csquare, which is backed by the investment firm Brookfield Corporation, is expected to go public on July 16. The IPO is expected to include 50 million shares of stock priced between $23 and $27, with the hope of raising $1.35 billion.
Csquare would trade on the New York Stock Exchange under the ticker CSQR.