Big Data

Malaysia-based DPS Resources Bhd said Wednesday its wholly owned unit has signed a memorandum of understanding (MoU) with a China-based firm affiliated with Alibaba Group Holding Limited to explore the development of $1.1 billion artificial general intelligence (AGI) data center infrastructure in Melaka, Malaysia.

AirTrunk, the Australia-based hyperscale data center platform, has announced plans to invest MYR 12 billion ($3 billion) to develop two new data centers in Malaysia, to be called JHB3 and JHB4.

Rising geopolitical tensions and energy market volatility are beginning to reshape global data center (DC) investment patterns, with Southeast Asia including Malaysia emerging as a key beneficiary of a potential shift away from higher-risk regions, RHB Investment Bank said Tuesday.

The authorities in Vietnam's Ho Chi Minh City granted investment registration certificates to several projects last Saturday, including two data center projects with combined capital of nearly $1 billion, in cooperation with Singapore businesses.

South Korea's SK Innovation plans to develop a 1,500 MW LNG-fired power plant in Vietnam, partly to electrify a AI data center, highlighting the growing link between energy infrastructure and digital development.

Alibaba Cloud, the cloud computing subsidiary of Chinese giant Alibaba Group, continued as the largest Infrastructure-as-a-Service (IaaS) provider by revenue in the Asia-Pacific region, increasing its market share to 22.5% in 2025 from 20.8% in 2024.

Indonesia’s data center sector is entering a structurally differentiated growth phase, with Batam increasingly positioned as a regulatory compliance and Singapore-linked overflow hub, while Jakarta continues to anchor core hyperscale and enterprise demand, according to BMI Country Risk and Industry Research.

OrtCloud, a Singapore-based cloud infrastructure company, has raised $1.7 million in a pre-seed funding round led by Southeast Asia-focused early-stage venture capital firm Golden Gate Ventures, with participation from early-stage investor Antler.

India-based Nava, a cloud infrastructure company focused on GPU compute and AI data centers across the Asia-Pacific region, has raised $22 million in a Series A funding round.

ESR, an Asia-Pacific-focused real asset owner and manager, has secured $850 million in additional equity capital from existing shareholders, strengthening its balance sheet and supporting its expansion strategy.