Business
Alibaba to open new data centres; unveils most powerful AI model
The expansion comes as the company positions AI, which includes cloud, as a core business priority alongside its traditional e-commerce…
Tag
Data
News
TikTok collected sensitive data on Canadian children, investigation finds
TikTok has agreed to improve its measures to keep children off its website and app after a Canadian investigation found its efforts to…
Business
OpenAI, Oracle, SoftBank plan five new AI data centres for US$500 billion Stargate project
Artificial intelligence is a priority for Trump and tech companies that are pouring billions into building the computers that are…
Business
Nvidia to invest $100 billion in OpenAI to build data centers
Nvidia plans to invest $100 billion in OpenAI, giving the ChatGPT maker a huge war chest to build data centers with the chip maker’s…
Business
Apac data centre owners look beyond banks to fund US$100 billion of construction over 5 years: S&P
Options include capital recycling via Reits, asset-backed securities, private credit funding Asia Pacific (Apac) data centre operators…
Business
PBOC unswayed by US Fed as policy choices hinge on data at home
The economy’s slower nominal growth also implies that the earnings of companies and individuals are increasing at a weaker rate with…
Business
Keppel DC Reit acquires Tokyo data centre for 82.1 billion yen, launches preferential offering to raise S$404.5 million
The new, freehold facility is contracted to a leading global hyperscaler for 15 years The manager of Keppel DC Reit on Monday (Sep 22)…
Business
Keppel DC Reit raising S$404 million from unitholders to help fund 82-billion yen Tokyo data centre buy
Under preferential offering, unitholders are entitled to 80 units for every 1,000 units owned at $2.24 each The manager of Keppel DC Reit…
Business
From data centres to finance: analysts identify SGX’s best proxies to capture AI boom
Big names such as Singtel and DBS are among the eight companies identified as potential beneficiaries Even without any direct artificial…
Business
SGD$643 million green loan backs Singtel’s next-gen data centre
The development of DC Tuas is supported by Standard Chartered as facility agent and one of the green loan coordinators Singtel’s data…
Business
Indonesia sovereign wealth fund INA targets data centres, AI in healthcare, renewables
The Indonesia Investment Authority (INA) is prioritising digital infrastructure, healthcare and renewables as the sovereign wealth fund…
Business
Keppel inks partnership with Dell on data centre, AI platform investments in Asia
The collaboration will see data centres in Asia-Pacific incorporating Keppel’s green technologies and renewable energy capabilities Asset…
Fashion
Hackers steal client data from Kering’s Gucci, Balenciaga and McQueen: report
Hackers have stolen the private details of potentially millions of customers from luxury brands Gucci, Balenciaga and Alexander McQueen in…
News
Kering Confirms Data Breach
PARIS — Kering is the latest luxury group to be targeted by hackers. The French conglomerate on Monday confirmed it was the victim of a…
Business
Gold set for fourth weekly rise as US data lifts rate-cut hopes
Gold prices rose on Friday (Sep 12) and were headed for a fourth consecutive weekly gain, as fears of a weakening US labour market…
Business
US: Wall St opens higher after inflation data keeps rate cut bets firm
Wall Street’s main indexes opened slightly higher on Thursday (Sep 11) after the latest inflation reading kept the US central bank on…
Business
Australia’s multi-billion dollar energy link to Asia will focus on local data centres for now
The development is one of the most ambitious global efforts to supply power-hungry Asian economies that lack the land to generate enough…
Business
Asia: Markets mostly up as producer price data stokes rate cut bets
ASIAN equities mostly rose on Thursday as investors built on this week’s rally after US data ramped up expectations for a string of…
Business
Gold inches higher as soft US PPI data fuels rate cut bets; CPI in focus
The US Federal Reserve is expected to cut interest rates at its policy meeting next Wednesday Gold edged up on Thursday (Sep 11), as…
Unsorted
Johor fastest-growing South-east Asian data centre hub; Singapore expansion remains ‘constrained’
The city-state’s ‘strict planning controls’ are leading global tech firms to look north: Knight Frank report Johor is the fastest-growing…
Business
Asian markets enjoy record day as new US jobs data fans rate cut hopes
Asian markets extended gains on Wednesday (Sep 10), with Tokyo and Seoul emulating a record day on Wall Street as fresh data pointing to a…
Business
Asia: Markets rally as new US jobs data fans rate cut hopes
ASIAN markets extended gains on Wednesday following a record day across Wall Street as fresh data pointing to a weakening US jobs market…
Business
Gold takes a breather as focus turns to US inflation data
Gold prices were flat on Wednesday (Sep 10), as investors awaited key inflation reports due later this week, while expectations of a US…
Fashion
Dior Fined By China’s Cybersecurity Authority For Sending Consumer Data Overseas
Following an investigation into Dior‘s customer data breach in May, China‘s Public Security Bureau’s Cybersecurity Department has decided…