DigitalBridge Group, Inc.

Money Moves

Being acquired by SoftBank for $4 billion; will operate as separately managed platform under Marc Ganzi post-acquisition

SoftBank just agreed to pay $4 billion for DigitalBridge, the alternative asset manager that controls $108 billion in data centers, cell towers, and fiber networks across three continents. It's the latest—and clearest—signal that Masayoshi Son is betting SoftBank's future on owning the physical infrastructure that powers AI, not just the software running on top of it. The timing is no coincidence: SoftBank is racing to secure $22.5 billion by year-end 2025 to meet its Stargate funding commitment to OpenAI.

Updated May 16