Aug 10 (Reuters) - The U.S. Securities and Exchange

Commission has made it easier for data center owners to sell

asset-backed securities, as the AI boom expands deeper into

financing markets.

The regulator's clarification came in response to a letter

from law firm Latham & Watkins.

"We agree that the fixed-income or other securities issued

in data center securitizations of the type described in your

(Latham & Watkins's) letter are not asset-backed securities,"

the U.S. markets regulator said.

Asset-backed securities are investments created by pooling

together financial assets that generate regular cash flows, then

selling securities to investors that are backed by those cash

flows.

Soaring demand for AI computing has pushed companies to seek

new ways to raise capital needed for the expansion.