SoftBank invests $4 billion in DigitalBridge to boost AI infrastructure
SoftBank has announced a $4 billion deal with DigitalBridge to develop AI data centres, highlighting a significant investment in AI infrastructure.
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Google's $24 Billion AI Investment Boosts India Amid Regional Investment Tensions
Andhra Pradesh Chief Minister N Chandrababu Naidu signed an MoU with Google for a data centre in Visakhapatnam, but it was revealed that the project is a joint venture with Adani Group, which Naidu did not disclose, leading to accusations of misleading the public and offering substantial subsidies to the company at public expense.
BlackRock's GIP Nears $40B Data Center Acquisition to Boost AI Strategy
BlackRock's Global Infrastructure Partners (GIP) is in negotiations for a nearly $40 billion data centre deal, highlighting significant investment activity in the data infrastructure sector.
Google Commits $2 Billion to Malaysian Data Center and Cloud Expansion
Google will invest $2 billion to establish its first data centre and Google Cloud region in Malaysia, aiming to advance the country's digital ambitions and support local industries with AI and other advanced technologies. This move is part of a broader trend of global tech firms expanding into Southeast Asia.
KKR Invests $800 Million in Singtel's Data Centre Business
Private equity firm KKR has acquired an $800 million stake in Singapore-based data centre business, Keppel Data Centres. The investment will support Keppel's expansion plans in the fast-growing data centre market.
TikTok's Dublin Data Centre: Addressing Concerns of China Spying
TikTok has opened its first European data centre in Dublin in an effort to address concerns over Chinese state surveillance. The move is part of TikTok's ongoing response to data privacy concerns and aims to reassure European users that their data is being stored locally. The company has also enlisted the help of a European security company, NCC Group, to independently audit its data controls and enhance security. TikTok plans to open additional data centres in Ireland and Norway to further protect the data of its European users.