Keppel Infrastructure Fund buys subsea cable solutions provider Global Marine Group
Global asset manager Keppel Ltd. today announced that its private investment vehicle Keppel Infrastructure Fund (KIF) and its co-investor have acquired a 100 per cent stake in UK-headquartered Global Marine Group (GMG), from investment affiliates of JF Lehman and Company. Global Marine is one of the world’s largest independent subsea cable solutions providers and has […]
CapitaLand Investment to develop its first data center in Japan
CapitaLand Investment Limited (CLI), a global real asset manager, has acquired a freehold land parcel in Osaka, Japan, to develop its first data centre in the country. This will entail a total investment of more than US$ 700 million. 50 MW of power capacity has also been secured for the project. With this latest acquisition, […]
Microsoft to invest US$ 298 million to expand Cloud and AI infrastructure in South Africa
Microsoft has announced plans to spend ZAR 5.4 billion (~ US$ 298 million) by the end of 2027 to expand its cloud and Artificial Intelligence (AI) infrastructure in South Africa to meet the growing demand for Azure services in the region. This investment builds on the company’s ZAR 20.4 billion (~ US$ 1 billion) investment […]
Australia is ‘well positioned’ to share in US overseas AI investment but questions remain
The accelerating AI boom has created a further surge in demand for data centres which have now become the hottest properties in commercial real estate. It is reported from the USA that four firms are predicted to spend more than $US600 billion ($AU964 billion) this year alone on AI infrastructure, mostly on data centres. Jared […]
AdaniConneX and Extreme IX collaborate to advance interconnection services in Chennai
This partnership will enhance network connectivity at AdaniConneX’s flagship Chennai 1 Data Center facility in the SIPCOT Region. Ahmedabad, 10 March 2025: AdaniConneX, one of India’s fastest-growing data center providers, and Extreme IX, one of India’s leading Internet exchanges, have collaborated to establish a new networking point-of-presence (PoP) at AdaniConneX’s flagship Chennai 1 Data Center to […]