ByteDance’s BytePlus Eyes Thailand for Data Center Expansion
ByteDance, the parent company of popular social media platforms like TikTok, is expanding its presence in Southeast Asia. Through its subsidiary, BytePlus, the company is exploring the establishment of a data center in Thailand as early as 2025 to support its cloud and artificial intelligence (AI) services. A source familiar with the company’s plans revealed […]
New investment in Australian Data Centre capacity forecast to top $26 billion by 2030, according to Mandala
Mandala’s latest research, commissioned by AirTrunk, Amazon Web Services (AWS), CDC, Microsoft and NEXTDC finds investment in Australian data centre capacity is empowering innovation, jobs, essential services and the clean energy transition. New investment in Australian data centre capacity is forecast to top $26 billion by 2030 to meet soaring digital demand driven by internet-connected […]
Data Centers Lead the Charge in Thailand’s Investment Surge
Thailand’s economy has witnessed a remarkable surge in foreign investment during the first nine months of 2024, reaching a decade-high of 722.5 billion baht ($21.6 billion). This represents a significant 42% increase compared to the same period last year, signaling a strong rebound in the country’s investment landscape. According to the Thailand Board of Investment […]