The Globe and Mail reports in its Thursday, May 14, edition that Goldman Sachs's Alternatives arm is buying Canadian data centre developer QScale in tandem with its founders as the partners press ahead with an ambitious expansion plan potentially worth billions. The Globe's Nicolas Van Praet writes that Goldman's specialized investment platform, which holds more than $625-billion (U.S.) in assets ranging from private equity to infrastructure, is taking a majority stake in QScale. QScale co-founder and president Martin Bouchard will also reinvest in the business, together with other senior executives and founders. QScale will keep its current management and Levis, Que., headquarters. No financial information was disclosed. Mr. Bouchard said: "This alliance gives us the means to significantly accelerate our growth. At a time when global demand for AI data centres is growing at an unprecedented pace, partnering with a world-class organization that shares our vision and our commitment to building sustainable, high-performance, future-ready digital infrastructure marks a defining milestone in our history." Customers include Hewlett Packard Enterprise, which used the data centre to launch its AI cloud.