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3 weeks ago
Capital | Jan Yong
KKR, Singtel buy STT GDC for US$ 5.1 billion
Global investment firm KKR and Singtel announced today they have signed definitive agreements to acquire the remaining 82 per cent…
3 weeks ago
Capital | Jan Yong
KKR, Singtel, GIC, Mubadala set to acquire STT GDC in US$ 10 billion deal
Sovereign wealth funds GIC and Mubadala Investment are in talks to join KKR and Singtel in a potential deal to…
3 weeks ago
Capital | Jan Yong
EPG raises US$ 100 million in Series B for global expansion
Singapore-based modular data center specialist, EPG, recently raised nearly US$ 100 million from a consortium of investors co-led by international…
4 weeks ago
Capital | Conor McNevin
Amazon considering US$ 50 billion investment into OpenAI?
Amazon is reportedly in talks with OpenAI to invest as much as US$ 50 billion. An investment of this magnitude…
4 weeks ago
Capital | Conor McNevin
Microsoft shares plunge amid investor concerns over AI spending
Microsoft shares experienced a major decline on Thursday, despite the company reporting strong earnings. What reportedly raised investor concerns was…
4 weeks ago
APAC | Simon Dux
Spark completes sale of 75% stake in data centre business to Pacific Equity Partners
Spark New Zealand has completed the sale of a 75% stake in its data centre business to Australian private equity…
4 weeks ago
Artificial Intelligence | Deborah Grey
NVIDIA invests US$ 2 billion in CoreWeave, plans to build AI factories totalling 5 GW by 2030
NVIDIA and CoreWeave, have announced an expansion of their partnership to enable the latter to build more than 5 GW…
4 weeks ago
Capital | Conor McNevin
UK Gov’t to invest £36 million to increase Cambridge supercomputer’s capacity
The UK government is investing £36 million (US$ 49 million) to increase the power of Cambridge University’s DAWN supercomputer sixfold,…
4 weeks ago
Business | Jan Yong
DayOne mulls US$20 billion IPO in US; dual listing with Singapore possible
Singapore-based DayOne Data Centers is considering an Initial Public Offerring (IPO) in the United States which could value the data…
1 month ago
Business | Jan Yong
Digital Halo secures US$ 46.9 million financing to expand Manila data center
Digital Halo Pte Ltd, a Singapore-based data center operator, has recently secured a PhP 2.78 billion (US$46.9 million) project financing…
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