Ares Makes $700 Million Bet on AI With Virginia Buying Spree
Ares Management Corp. is ramping up its bet on the AI boom, spending $700 million to build a sprawling data-center complex and buy fully-leased properties in Virginia.
By Laura Benitez, Dawn Lim · Bloomberg Markets
Ares Management Corp. is ramping up its bet on the AI boom, spending $700 million to build a sprawling data-center complex and buy fully-leased properties in Virginia.