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A look at why the AI data center building boom could spark a financial crisis akin to 2008, including the rising use of debt financing via private credit funds (Noah Smith/Noahpinion)

Noah Smith / Noahpinion : A look at why the AI data center building boom could spark a financial crisis akin to 2008, including the risin...

3 August 2025

Cinven acquires a majority stake in Smart Communications from Accel-KKR; sources: the deal values the customer conversations platform at ~$1.8B including debt (Bloomberg)

Bloomberg:
Cinven acquires a majority stake in Smart Communications from Accel-KKR; sources: the deal values the customer conversations platform at ~$1.8B including debt  —  Cinven has acquired a majority stake in UK technology firm Smart Communications from investment firm Accel-KKR.

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