Data hungry: A file photo of an operations hub in a data centre in Singapore. Deal making for data centres in Asia adds up to US$840.5mil so far this year. — Reuters
SINGAPORE: Global private equity investors and asset managers are readying for billions of US dollars worth of mergers and acquisitions (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.
