The IPO market has been heating up with data centers in the US expected to need more than 77 gigawatts of capacity in 2030, up from 41 gigawatts in 2025, according to BloombergNEF estimates.

The recent market selloff also shows how quickly the market can change its mind about AI.

Bloomberg

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.