Big Data

Australia’s Firmus, OpenAI to team up on Malaysia expansion of AI data centers

Australian AI infrastructure company Firmus and OpenAI will cooperate to expand AI data center capacity into Malaysia, a new market for the Australian infrastructure company, under a multi-year partnership to develop two sites there.

Data center growth in emerging markets hinges on opportunities and risk – S&P

Emerging markets could be the next major driver of growth for the data center industry, with a development pipeline that is almost two times larger than current global operating capacity, S&P Globa Ratings said in a report on last Friday.

Hitachi Vantara reports 32 percent APAC revenue growth

Hitachi Vantara said Asia-Pacific revenue rose 32 percent in its first fiscal quarter, led by a 61 percent increase in regional storage revenue.

Data centers can catalyze infrastructure upgrades: APDCA

The Asia-Pacific Data Center Association (APDCA) has launched a new white paper titled Data centers as catalysts for infrastructure modernization in APAC, highlighting how data centers are helping to strengthen the energy and water systems needed to support Asia-Pacific’s future development.

Singapore’s Bitdeer buys 200 acres in Texas for $100M for AI data-center expansion

Bitdeer Technologies Group, a Singapore-headquartered technology company for AI and Bitcoin mining infrastructure, has bought about 200 acres of undeveloped land in Milam County, Texas, for $100 million in cash, to expand its planned AI and high-performance-computing data-center operations.

KKR-Singtel consortium completes takeover of Singapore’s STT GDC at $10.9B

A consortium, led by U.S.-based investment firm KKR with Singapore's Singtel, has completed its acquisition of Singapore's STT GDC, taking full ownership of the data-center operator, STT GDC said in a statement on Wednesday.

Singapore’s Keppel DC REIT acquires two hyperscale colocation data centers in Tokyo for $1.19B

Keppel DC REIT and Keppel Ltd. (Keppel) have indirectly entered into agreements with unrelated third-party sellers, to collectively acquire 90 percent effective interests in Tokyo Data Center 4 and Tokyo Data Center 5, two freehold, hyperscale fully-fitted (colocation) data centers located in Inzai City, Greater Tokyo, Japan, for JPY 190 billion ($1.19…

Data center boom to lift S&SEA growth, but local gains hinge on ecosystem development – Moody’s

South and Southeast Asia are well positioned to capture the economic opportunities arising from the global data center boom, but the long-term credit benefits will depend on how effectively countries turn infrastructure investment into broader, locally anchored economic growth, Moody’s Ratings said on Tuesday.

Chinese hyperscalers ramp up AI spending but trail US rivals – Moody’s

Chinese technology giants are rapidly increasing spending on artificial intelligence infrastructure but face greater financial constraints than their U.S. counterparts, whose larger and more profitable core businesses provide stronger cash flow and greater capacity to sustain heavy investment, Moody’s Ratings said on Thursday.

Malaysia’s approved investments up 11.7 percent, underpinned by data center and cloud projects

Malaysia's approved investments grew 11.7 percent year on year to MYR 218.5 billion ($54.27 billion), underpinned by data center and cloud projects, official data showed on Friday.