AI & Enterprise
Data centre cooling industry shake-up gains pace as Phononic pursues sale
AI data centre cooling technology company Phononic is in sale talks, The Information reported on April 20, citing sources familiar with the matter. The deal is being discussed at a value of at least $1.5 billion, and some potential buyers have offered more than $2 billion, the report said. Phononic could also opt to raise additional funding instead of a sale.
