DayOne Data Centers seeks US$2 billion fund for international expansion

Singapore-based DayOne Data Centers is in advanced talks to raise more than US$2 billion in an upsized Series C funding round to fund its international expansion, as reported by Singapore Business Times citing people familiar with the matter. The parties could reach a deal before the end of the year, said the people, adding that […]

Alibaba set to launch 4th data center in Malaysia by 2026

Alibaba Cloud is set to launch its fourth data centre in Malaysia by 2026, marking Malaysia as the cloud giant’s largest data center presence in Southeast Asia,” Malaysian Deputy Digital Minister Wilson Ugak Kumbong reportedly said last week. The firm, which is the cloud computing arm of China tech giant Alibaba Group had recently launched […]