Big Data

Data centers in Johor, Sydney, Melbourne and Batam could absorb most of the additional electricity generation planned for their respective markets over the coming years, raising concerns over power availability as cloud computing and artificial intelligence (AI) workloads expand, according to BMI Country Risk and Industry Research.

CBRE will pay $610 million upfront for Onnec, with a performance-based earnout of up to $400 million, expanding data-center services in Europe and Asia Pacific.

South Korean AI infrastructure provider Elice Group fell sharply in its KOSDAQ debut after raising 201.1 billion won through an IPO.

Aolani, a Singapore-founded neocloud artificial intelligence (AI) firm, announced Monday it has signed Letters of Intent to take up 500 megawatt (MW) of AI data center capacity in Malaysia.

Vertiv has deployed a direct-to-chip liquid cooling system supporting 30 MW of AI workloads at CapitaLand's CLDC Mumbai 01 data center.

Vietnam's Ho Chi Minh City management board for export-processing zones and industrial parks (HEPZA) has asked the municipality to review and unify power-price guidance for an AI data center at Tan Phu Trung Industrial Park.

A group of seven banks has arranged an expanded multi-currency financing package of MYR15 billion ($3.7 billion), for DayOne Data Centers, a Singapore-headquartered digital infrastructure company.

Bitdeer Technologies Group, a Singapore-headquartered technology company for AI and Bitcoin mining infrastructure, has signed an eight-year data center services agreement for a 60-MW facility in Malaysia.

Firmus has withdrawn its planned A$7 billion Australian IPO and will pursue private funding after investor concerns over valuation and expansion risk.

A third of semiconductor companies plan to expand manufacturing into Asia-Pacific markets over the next three years as the AI boom drives chip demand, according to global courier FedEx.