I Squared Invests in AI Inference with $225M Data Center Acquisition from Cogent

Infrastructure investment firm I Squared Capital is focusing on the artificial intelligence inference market by acquiring a data center portfolio valued at $225 million from Cogent Communications. The acquisition is seen as a strategic move by I Squared to meet the growing demand for AI workloads, particularly in the inference phase. The acquired assets encompass Cogent's existing data center operations and are part of I Squared's growth plans in this sector. With this investment, the company aims to strengthen infrastructure that serves real-time inference processes, rather than the training of AI models. Cogent Communications plans to use this sale to focus on its core business of internet connectivity services. The deal is noted as a strategic milestone for both companies. This is not investment advice.