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From building more, to connecting more: Why the next frontier of cloud services lies in data center interconnectivityIn a world where demand for cloud services shows no signs of slowing down, data centers are the driving force behind our technological future. Now, however, their need for power is being tested amidst the rise of artificial intelligence (AI) which is expected to greatly increase traffic. As the AI revolution gathers steam, data center capacity in Asia Pacific is expected to hit 94.4GW by 2028,...0 Commenti 0 condivisioni 2K Views 0 Anteprima
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Singapore’s CapitaLand invests $700M to develop its first date center in JapanCapitaLand Investment Limited (CLI), a Singapore-based global real asset manager, has acquired a freehold land parcel in Osaka to develop its first data center in Japan which will entail a total investment of more than $700 million. CLI said in a statement on Tuesday that 50 megawatts (MW) of power capacity have been secured for the project. The acquisition is a testament to CLI’s...0 Commenti 0 condivisioni 3K Views 0 Anteprima
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Singapore’s GLP launches $358M AUM maiden data center fund in ChinaGLP, a Singapore-based global thematic business builder and investment manager, has on Tuesday launched maiden data center fund in China with asset under management (AUM) of RMB 2.6 billion ($358 million). The firm announced in a statement the closing of its first digital infrastructure focused strategy – GLP China IDC Income Fund I. The capital raise was backed by a group of top tier...0 Commenti 0 condivisioni 220 Views 0 Anteprima
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