Khazna Data Centers secures over US$ 2 billion for global expansion
Khazna Data Centers, a provider of hyperscale digital infrastructure, has announced that it has secured a US$ 2.62 billion financing facility to fuel its UAE and international growth plans. In a press release, the company revealed that the financing deal was secured in partnership with two top UAE banks – Abu Dhabi Commercial Bank (ADCB) […]
MSFusion buys US$62.3 million Johor land for data center
MSFusion Sdn Bhd has signed an agreement with Crescendo Corporation Bhd to purchase 52.54 freehold land to develop a data center, according to a filing last Friday by Crescendo. The land, located in Kota Tinggi, Johor, was purchased for RM263.2 million (US$62.3 million) which valued it at RM115 per sq ft. The purchase is subject […]
Will geopolitics get in the way of OpenAI’s Indian expansion dreams?
OpenAI is reportedly considering building a 1 GW data center in India in what appears to be a step in its journey to kickstart its Stargate project in South Asia. According to a report by Bloomberg, based on information from people familiar with the matter, the ChatGPT maker is currently scouting for local partners for […]
Bridge Data Centres and BCA International to partner to promote green data centers globally
Bridge Data Centres (BDC) and BCA International (BCAI) will sign a Memorandum of Understanding (MoU) tomorrow in Singapore to mark their joint collaboration in advancing sustainable practices globally, BDC said in a statement today. The partnership will leverage on BDC’s leadership in sustainability which was recently recognized with a BCA’s Green Mark Platinum Award, the […]
Firmus wins approval to build $2.1bn AI Factory in Launceston
Launceston is set to become the heart of Australia’s AI economy after the City of Launceston approved plans for Firmus Technologies’ flagship “AI Factory” in St Leonards. The $2.1 billion development, co-announced with the Tasmanian Government in July, will see construction begin on Project Southgate — a purpose-built campus of next-generation, liquid-cooled AI infrastructure designed […]