Business
Oracle to buy US$40 billion of Nvidia chips for OpenAI’s US data centre: report
Oracle will spend around US$40 billion on Nvidia’s higher-performance chips to power OpenAI’s new US data centre, the Financial Times (FT)…
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News
Grab launches its first Centre of Excellence to support AI solutions
Grab launched its first Artificial Intelligence (AI) Centre of Excellence on Friday (May 23). Supported by Digital Industry Singapore, the…
Business
Bain Capital to sell China data centre business likely valued at over US$4 billion: sources
US investment firm Bain Capital is seeking to sell the China business of data centre operator WinTriX DC Group, in a deal that could value…
News
TikTok plans to build 1b euro data centre in Finland
TikTok plans to invest 1 billion euros (S$1.48 billion) to build its first data centre in Finland as it moves data storage for European…
Business
HSBC launches wealth centre at Star Vista, seeks to deepen local wealth banking network
HSBC Singapore has launched its newest wealth centre in Singapore at The Star Vista mall in Buona Vista, marking the second of three…
Business
Mapletree Industrial Trust proposes US$11.8 million divestment of US data centre
Mapletree Industrial Trust (MIT) is proposing to divest its data centre in Georgia, US, for US$11.8 million, it said on Wednesday (Apr…
Business
OCBC Centre is ‘anchor’ for the bank; no plans to sell heritage site: board chairman
OCBC has no plans to sell its properties in Singapore’s central business district – and this includes the OCBC Centre, which has heritage…
Fashion
Sats JV to upgrade Marina Bay Cruise Centre
Sats announced on Friday (Apr 11) that its 60:40 joint venture with European cruise operator Creuers del Port de Barcelona, terminal…
Business
Meta plans nearly US$1 billion data centre project in Wisconsin
Meta Platforms plans to spend nearly US$1 billion on the development of a data centre project in central Wisconsin, underscoring a larger…
News
Trump tariffs could stymie Big Tech’s US data centre spending spree
US PRESIDENT Donald Trump’s sweeping reciprocal tariffs could hamstring Big Tech’s billion-dollar efforts to build artificial intelligence…
News
S$800m rail test centre opens, allows trains and rail systems to be tested in Singapore
Trains and rail systems can now be tested in Singapore, with the completion and opening of a new S$800 million test centre in Tuas. Opened…
News
Journalist at centre of Trump's Signal chat scandal speaks to BBC
Watch: ‘Why did they invite me?’ - Goldberg says Trump officials should accept mistake When Jeffrey Goldberg published a bombshell story…
Business
Microsoft pulls back from more data centre leases in US and Europe: analysts
Alphabet has said it will spend US$75 billion on its AI buildout this year, 29 per cent more than Wall Street expected, while Meta has…
Business
UOB taps rising South Korean interest in Asean with new FDI advisory centre in Seoul
South Korean firms eyeing expansion into Asean can now tap UOB’s support, following the launch of its Foreign Direct Investment (FDI)…
Business
Digital Core Reit acquires 20% stake in Osaka data centre for 13.2 billion yen
The purchase is expected to be about 1.8% accretive to the Reit’s distribution per unit Digital Core Real Estate Investment Trust (Reit)…
Business
Alibaba’s chairman warns of a ‘bubble’ in AI data centre buildout
Alibaba Group Holding chairman Joe Tsai warned of a potential bubble forming in data centre construction, arguing that the pace of that…
Business
More potential data centre acquisitions, exclusive deals for Keppel DC Reit
The manager of Keppel DC Real Estate Investment Trust (Keppel DC Reit) plans to capitalise on sponsor Keppel’s intended expansion of its…
News
South Korea aims to secure 10,000 GPUs for national AI computing centre
SOUTH Korea on Monday (Feb 17) announced plans to secure 10,000 high-performance graphics processing units (GPUs) within this year in a…
Business
Keppel DC Reit divests German data centre for 50 million euros
KEPPEL DC Reit is divesting Kelsterbach Data Centre in Frankfurt, Germany, for 50 million euros (S$70.6 million). On Monday (Feb 17), the…
Business
Data centre S-Reits report growth in latest results
THE rise of artificial intelligence (AI) has been a key theme for investors in recent years, and data centre (DC) assets are likely…
Business
Singtel secures S$643 million green loan for new data centre in Tuas
SINGTEL’S regional data centre arm, Nxera DCT, has secured a S$643 million five-year green loan to finance the development of a new 58…
Business
CapitaLand Investment to seed future data centre fund with US$700m investment in Japan
It is making disciplined acquisitions without acting like ‘a kid in a toy store’, says CLI’s Manohar Khiatani ASSET manager CapitaLand…
Fashion
Asean’s data centre gold rush to get a boost from DeepSeek’s AI leap: Maybank
DEMAND for Asean data centres is likely to remain resilient as Chinese artificial intelligence (AI) company DeepSeek is set to disrupt the…
Business
Singapore’s data centre Reits fall on DeepSeek threat; analysts warn of fallout
Analysts warned that companies in the artificial intelligence (AI) ecosystem – including in Singapore – could be hit after the rise of…