Funding deals up for Asian data centers despite US tariffs fears
Following a spate of announcements last week on financing deals for data centers in Asia, more potential deals are underway. A Singapore operating entity of Australia’s Firmus Technologies is seeking a US$ 120 million private loan to fund its capital expenditure, while India’s Yotta Data Services Pvt. is in talks with private credit funds to […]
CURRENC to develop 500MW Hyperscale AI Data Center in Johor; to be funded by US$ 100 million new fund with partner ARC Group
CURRENC Group Inc., a fintech pioneer empowering financial institutions worldwide with artificial intelligence (AI) solutions, recently announced plans to acquire 100 acres of land in Johor, Malaysia, to build a hyperscale Artificial Intelligence Data Center (AIDC). The acquisition will be financed by a planned AI-focused investment fund in collaboration with ARC Group, a leading global […]
SoftBank, SK Broadband, Chunhwa Telecom and Verizon form submarine cable construction consortium
Some of the biggest names in Northeast Asia’s digital infrastructure and connectivity ecosystem have joined forces to build the E2A (East Asia To North America) submarine cable which will link major digital hubs in Asia and North America, with landings in Maruyama (Chiba, Japan), Toucheng (Taiwan), Busan (South Korea) and Morro Bay (California, USA). The […]