Microsoft to spend US$ 5.5 billion from 2025 to 2029 to power Singapore’s AI
Microsoft is on track to spend US$ 5.5 billion from 2025 until the end of 2029 to power Singapore’s AI future, Microsoft Vice Chair and President Brad Smith announced yesterday in a press release. Smith also announced free access to Microsoft 365 Premium with Copilot for every tertiary student and free AI training through Microsoft […]
Microsoft plans to invest US$ 1 billion from 2026 to 2028 to advance AI in Thailand
Microsoft plans to invest more than US$ 1 billion from 2026 to 2028 in cloud and AI infrastructure in Thailand, and upskill 150,000 workers, the firm says in a press release recently. Following a meeting between Microsoft’s Vice Chair and President Brad Smith and Prime Minister Anutin Charnvirakul, the firm announced several investments as part […]
DayOne to invest US$ 7 billion in Malaysia in 2026
Singapore-headquartered data center platform, DayOne Data Centers Limited announced it would invest RM28 billion (US$ 6.96 billion) cumulatively in Malaysia by the end of 2026 to scale Malaysia into its largest global footprint, accounting for over 50 per cent of its workforce growth, the firm says in a press release yesterday. It aims to double […]
TeleChoice bids for data center project in Malaysia
Singapore-based ICT firm, TeleChoice International Limited, has been shortlisted to design and build a data center project in Malaysia, the portfolio company of ST Telemedia said in an exchange filing last week. The bid was jointly submitted with “certain consortium partners” which were not named in the filing. If successful, the consortium will finalise the […]
EPG closes US$ 100 million in Series B+ financing to scale global expansion
EPG, a Singapore-headquartered data center modular infrastructure provider, has closed over US$ 100 million in Series B+ financing following the completion of the firm’s Series B financing earlier this year to advance its international expansion, the company says in a press release today. The financing was led by Decarbonization Partners, a joint venture between BlackRock […]
Sembcorp gets approval for 90MW AI data center in Ho Chi Minh City
Sembcorp Development, a Singapore-based renewables firm, has received investment approval for the proposed development of a 90MW AI-ready data center in Saigon Hi-Tech Park (SHTP) in HCMC through a joint venture, the firm says in a press release last week. The approval was granted to a joint venture firm, StarMason Joint Stock Company (StarMason) owned […]
DayOne seeks to double loan to record US$ 7 billion: Bloomberg
Singapore-based data center player DayOne Data Centers Ltd is seeking to double the size of an existing loan to as much as US$7 billion which, if approved would be the largest data center loan in Asia, Bloomberg reports quoting people familiar with the matter. The additional funding which would add to its original US$3.4 billion-equivalent […]
Empyrion Digital inks MOU with CypressTel to anchor connectivity in Asia
Singapore-based data center developer and operator Empyrion Digital announced recently that it has entered into a Memorandum of Understanding (MOU) with Cypress Telecom Limited and its affiliate DataShell to provide low-latency network services and interconnection-ready data centre capacity across Asia. CypressTel is a carrier-neutral global network service provider. Under the terms of the MOU, CypressTel […]
ByteDance deploys 36,000 Nvidia B200 chips worth US$ 2.5 billion in Malaysia
TikTok’s Chinese parent, ByteDance, is said to be working with Southeast Asian firm Aolani Cloud to deploy some 500 Nvidea Blackwell GPUs in Malaysia for AI research and development, according to the Wall Street Journal (WSJ) citing people familiar with the matter. The GPUs comprise 36,000 B200 chips said to be worth about US$ 2.5 […]
AirTrunk explores fundraising options in expansion push: Khuda
Australia-based data center operator, AirTrunk is exploring fund-raising options such as Real Estate Investment Trust (REITs), asset-backed securities and equity sale on some of its data centres to raise funds for expansion, the firm’s founder and CEO Robin Khuda reportedly said last week in Singapore. In January, w.media reported that AirTrunk is mulling a potential […]