Digital Edge secures US$ 575 million holdco financing for Asian expansion

Singapore-headquartered data center platform Digital Edge today announced it has successfully closed its inaugural US$ 575 million holding company (HoldCo) financing which can be converted into a Sustainability-Linked Loan, to support the expansion across its footprint in South Korea, Japan, India and South East Asia. A consortium of its existing financing partners acted as mandated lead arrangers including Clifford Capital, Deutsche […]
OpenAI to commit US$ 234 million for ‘OpenAI for Singapore’

OpenAI plans to commit S$300 million (US$ 234 million) to strengthen Singapore’s AI ecosystem as stated in a Memorandum of Understanding (MOU) signed today with the Ministry of Digital Development and Information (MDDI). The joint initiative will see both parties collaborate on “OpenAI for Singapore” to strengthen the island state’s position as a leading hub for applied, AI-native innovation. […]
Google and Singapore ink MOU to deploy frontier AI at scale

Google and Singapore’s Ministry of Digital Development and Information (MDDI) today announced the signing of a Memorandum of Understanding (MOU) to deploy frontier AI at scale to accelerate real world impact for the country. Through this expanded partnership with the Singapore Government, the parties aim to harness frontier AI to solve society’s challenges, drive enterprise […]
Digital Halo tops out fully leased 20MW data center in Johor, Malaysia

Singapore-based Digital Halo Pte Ltd has topped out the first phase of its 120MW data center campus in Johor, Malaysia, in April 2026, the firm announced in its Linkedin page recently. The first phase of JHB1, which is fully leased out to a single customer, will deliver 20MW of IT capacity. It is scheduled to […]
[SPECIAL REPORT] How Johor deals with thirsty data centers

Johor looks set to conquer a potential water crunch, judging by current initiatives taken by both the state and private sector. Perception is a powerful force – it can be both constructive and destructive. It can shape policies for better or worse. And Johor is facing a major perception problem right now from local communities. […]
Huawei unveils its grid-interactive AIDC strategy, shaping the future of the industry

On May 15, 2026, the 2026 Global AIDC Industry Summit & Huawei AIDC Strategy and Product Launch was held in Dongguan, China, with the theme “Power the AI Era Forward.” The summit brought together nearly 1,000 global leaders, technical experts, and core ecosystem partners from the energy, intelligent computing and carrier sectors. They shared insights on the next-generation AI […]
DayOne plans to list in Singapore and New York: Report

Singapore-based data center platform DayOne plans to list simultaneously in Singapore and New York in an IPO that could raise US$5 billion, according to the Financial Times yesterday. In February, w.media reported that the firm planned to list in the US in an IPO to be led by JPMorgan and Morgan Stanley, with Bank of America […]
SPECIAL FEATURE | Johor’s big renewable energy push

Johor is building one of the world’s largest renewable energy zones, partly to meet the demand of insatiable data centers. Johor is tipped to become Southeast Asia’s largest data center hub by 2030, and its power consumption will surge accordingly. To meet that demand, the state has contracted one of the world’s largest renewable energy […]
Malaysia and China firms mull US$250 million investment in 32MW AI data center in Perak, Malaysia

Malaysian project developer Cahya Suria Services and China-based tech firm Suzhou EnnoTHING plan to build an AI digital park in Perak, Malaysia, which would potentially include a 32MW AI data center under a RM1 billion (US$ 250 million) investment. Through a partnership formalised yesterday in Ipoh, Perak, the parties plan to develop the Tier 3 data […]
NEXTDC launches 65MW AI data center in Malaysia; marks expansion into Southeast Asia

NEXTDC Limited, Australia’s digital infrastructure provider, yesterday launched its first data center outside of Australia, a 65MW AI-ready facility built at a cost of A$1 billion (US$ 720 million). Located in Petaling Jaya, the facility, KL1, represents the first Uptime Institute Tier IV-certified hyperscale data centre in Peninsular Malaysia, according to the firm’s press release. […]