Oaktree’s Data Center Firm Wants to Triple Capacity With AI Boom

Pure Data Centres, a UK firm backed by Oaktree Capital Management, is seeking to partner with some of the world’s largest technology firms and others to build artificial intelligence data centers, with the goal of tripling its capacity.

The London-based company, which has historically run data centers used by cloud providers and large enterprises, is embarking on a “serial” fundraising effort to develop the type of facilities that house Nvidia Corp. chips and power AI models, said Gary Wojtaszek, Pure Data Centres’ newly appointed chairman and interim chief executive officer. In doing so, Pure is aiming to ...