Saudi Arabia launches HUMAIN to operate and invest in AI
The Kingdom of Saudi Arabia has launched HUMAIN, a company owned by the Public Investment Fund (PIF), which is the country’s sovereign wealth fund, to operate and invest across the artificial intelligence (AI) value chain as a unified operating company. The launch of HUMAIN was announced by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz […]
PDG raises US$ 1.2 billion, plans expansion in India
Princeton Digital Group (PDG), a prominent data center provider with presence across APAC, has announced the successful raise of over US$ 1.2 billion in financing to support its continued expansion and development of AI-ready data center infrastructure across Asia. This includes US$ 800 million in project financing for the development and expansion of PDG’s AI-ready […]
NTT to take NTT Data Private
Nippon Telegraph and Telephone (NTT) Corporation, has decided to take NTT Data, its data center business, private. It recently made an announcement to acquire NTT Data’s shares listed on the Tokyo Stock Exchange, making it a wholly owned subsidiary. In a press release NTT revealed that the tender offer period extends from May 9 to […]
Partners Group acquires Digital Halo; plans USD 400 million Asian expansion
Partners Group, one of the largest firms in the global private markets industry, is acquiring a majority shareholding in Singapore-headquartered data center operator Digital Halo Pte Ltd with plans to transform the latter into a regional data center platform with over 500MW capacity. Alongside existing shareholder ARCH Capital, the Swiss firm plans to commit around […]