Singapore's DayOne Data Centers files for US IPO to fund AI infrastructure expansion

Singapore-headquartered DayOne Data Centers filed for a US initial public offering on October 5, 2026, with the Securities and Exchange Commission. The company, formerly GDS International, aims to raise up to US$5 billion at a valuation of about US$20 billion. It reported a net loss of US$81.9 million on revenue of US$512 million for the first half of 2026. The IPO is led by major banks and will list on Nasdaq under the symbol DODC. The company operates data centres across Asia-Pacific and Europe, and the filing comes amid strong investor demand for AI infrastructure.