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Reading: AI boom set to fuel data centre deals in Asia this year
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Econo Asia™ > Blog > News > FinTech > AI boom set to fuel data centre deals in Asia this year
FinTech

AI boom set to fuel data centre deals in Asia this year

NEWSROOM
Last updated: 2024/05/13 at 10:49 AM
By NEWSROOM 1 Min Read
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By Scott Murdoch, Kane Wu and Yantoultra Ngui

SYDNEY/HONG KONG/SINGAPORE (Reuters) – Global private equity investors and asset managers are readying for billions of dollars worth of M&A and investments linked to data centres in Asia Pacific, as the artificial intelligence (AI) boom fuels demand for digital infrastructure.

The intense pace of deals in the world’s most populous region comes as countries and companies respond to booming demand for AI, calling for more data capacity, industry executives said.

Asia Pacific, including Japan, has led dealmaking activities in the global data centre market this year, with M&A value totalling $840.47…



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TAGGED: AI revolution, Asia Pacific, data capacity, data centres, investments, Macquarie Group, Microsoft Corp, Public Sector Pension Investment Board, Telkom Indonesia
NEWSROOM May 13, 2024 May 13, 2024
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