KKR, Warburg plough into Asia data centres on AI, cloud boom
Demand for data centres in South-east Asia and North Asia is expected to expand about 25 per cent a year through 2028. Read more at straitstimes.com.
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Demand for data centres in South-east Asia and North Asia is expected to expand about 25 per cent a year through 2028. Read more at straitstimes.com.
About 29% of so-called hyperscale cloud revenue — used in the industry as a proxy for market growth — is generated from Asia Pacific versus 49% from the US, according to Cushman & Wakefield.
Data center demand in Asia expected to surge over the next five years.
Asia is becoming the latest hunting ground for global investors in data centers, as companies from KKR & Co. to Bain Capital bet on the region’s growing computing and data storage needs following an artificial intelligence boom. Like in the United States, Asia is seeing a surge in demand for…
(Bloomberg) -- Asia is becoming the latest hunting ground for global investors in data centers, as companies from KKR & Co. to Bain Capital bet on the region’s growing computing and data storage needs following an artificial intelligence boom.Most Read from BloombergUS Economy Set for Another Cash Boost If Congress Backs Tax DealApple to Shutter 121-Person San Diego AI Team in ReorganizationBiden Says US Doesn’t Support Taiwan Independence After VoteNvidia’s Red-Hot 2024 Start a Bright Spot as S