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 […]
PRESS RELEASE | Bridge Data Centres plans major investment with global partners to strengthen Singapore’s position as APAC’s leading AI hub
Strategic Investment of S$3-5 billion in Singapore to advance AI-ready data centre developments, supporting over 2 GW of AI-ready capacity globally, and driving technological innovation with international ecosystem First–mover advantage as one of Asia Pacific’s top three hyperscale data centre developers, with proven track record delivering large-scale campus developments in Malaysia, Thailand and India, […]
Bridge Data Centres, A*STAR IHPC, HY ink pact to explore nuclear power for data centers
Singapore-based operator of hyperscale data infrastructure, Bridge Data Centres (BDC) has recently signed a Letter of Intent (LOI) with A*STAR Institute of High Performance Computing (A*STAR IHPC) and HY to jointly assess the feasibility of nuclear power as an alternative clean energy source for next‑generation AI-ready data centres, the company says in its Linkedin post. […]
PDG secures USD 350 million funding; targets USD 5 billion debt financing in 2026
Singapore-based data center operator, Princeton Digital Group (PDG), has closed a USD 350 million debt financing, as part of its plan to raise up to USD 5 billion funding in 2026 to support its rapidly expanding hyperscale projects across Asia, the company says in a press release today. This expands the USD 400 million HoldCo loan […]
DayOne, Cortical Labs partner to build Singapore’s first biological data center
DayOne, a Singapore-headquartered global data center developer and operator, and Cortical Labs, a biological computing startup in Melbourne, will collaborate to build Singapore’s first biological data center, a first of its kind outside of Australia, the company said in a press release today. Under the partnership, DayOne will provide capital and strategic input while Cortical […]
YOVOLE, SuperX Digital Power ink MOU to build 800V HVDC system for AI data centers in Singapore
YOVOLE INTERNATIONAL, a Singapore-based AI data center service provider, today signed a Strategic Memorandum of Understanding (MOU) with SuperX Digital Power, an energy specialist for AI infrastructure, to jointly build an 800V High Voltage Direct Current (HVDC) system for AI computing, supporting Singapore’s transformation into a global AI inference hub. The 800V HVDC system is […]
Singapore to build Kampong AI, its first AI park to house work-live spaces
Singapore will build Kampong AI, a new artificial intelligence park at LaunchPad @ One-North as part of its nationwide AI push. To be built by JTC, a statutory board under the Ministry of Trade and Industry, it will be the island nation’s first integrated start-up community with both work and living spaces under one roof. […]
BDC inks MOU with CNE to pioneer Singapore’s first barge-based hydrogen power generation
Bridge Data Centres (BDC) and Concord New Energy (CNE) have today signed a Memorandum of Understanding (MOU) to jointly develop Singapore’s first barge-based hydrogen power generation solution as part of efforts to enhance the resilience of AI-ready data centre campuses. The parties will explore advanced power system architectures and generation configurations including barge-based hydrogen power […]
Singapore to impose PUE requirements on all data centers in upcoming Digital Infrastructure Act
Singapore will impose Power Usage Effectiveness (PUE) requirements on all data centres – new and existing – in the proposed Digital Infrastructure Act (DIA) expected to be tabled in Parliament later this year, said Tan Kiat How, Senior Minister of State for Digital Development and Information yesterday. No PUE figures were mentioned however although it […]
Telkomsel seeks US$$1 – US$1.5 billion to sell major stake in NeutraDC
Indonesia’s telecom operator PT Telekomunikasi Selular (Telkomsel), is working with financial advisers to sell its majority stake in NeutraDC seeking between US$$1 billion and US$1.5 billion, according to Bloomberg, citing sources familiar with the matter. This would be the fourth time the utility attempted to sell its data center unit. In 2022, the company held […]