News Summary

• Cerner priced shares for its initial public offering at $185 late Wednesday after an upsized raise of $5.6 billion.
• The same day, Blackstone rolled out the Blackstone Digital Infrastructure Trust Inc ( BXDC ) It’s focusing on acquiring AI data center assets that it can lease to major tech firms.
• Earlier this week, Texas-based geothermal Fervo Energy ( FRVO ) scored the title as the biggest renewable energy IPO ever after bringing in $1.89 billion in proceeds.