Johor’s StepWest targets US$10 billion FDI over 3 years; work to start in 2026
Hyperscalers at Sedenak Tech Park West (StepWest) are expected to start foundation works in 2026, with the first facilities potentially becoming operational around 2028, says Jland Group, its developer at a media briefing on IBTEC held in Johor Bahru recently. Companies already committed to StepWest include Microsoft’s US$147 million (S$190 million) land acquisition and Bridge […]
Airtrunk to build second hyperscale data center in Osaka to support AI growth
Asia Pacific & Middle East hyperscale data center provider, AirTrunk, has announced plans to develop its second hyperscale data center in Osaka, OSK2. Located in East Osaka, OSK2 will deliver up to 100 MW of total campus IT capacity. In a press release, Airtrunk said that the facility was designed to meet surging demand from […]
Oracle scrambles to calm nerves after stocks fall in wake of Blue Owl Capital’s exit
Oracle is facing increased investor scrutiny after Blue Owl Capital withdrew from talks to finance a planned 1 GW data center in Saline Township, Michigan, a project intended to support OpenAI. Blue Owl had been expected to arrange approximately US$10bn in financing and contribute significant equity. However, discussions reportedly broke down amid tighter lending conditions, […]