We’re in the midst of a meteoric rise of data centers promising power, server space, and economic opportunity across America. But the data center boom is already at risk of becoming a bust unless we start building, and investing in, AI applications that go beyond chat bots or agents to solve real problems in daily life like security, affordability, healthcare, and household waste. While recent investments from tech giants like Amazon and Nvidia suggest a capital expenditure (CapEx) bubble remains far off, ...

Group 1: AI Investment and Infrastructure - Malaysia is hosting an investor summit titled "AI-Driven Investment Opportunities" to promote AI investments [1] - The Malaysian government, in collaboration with Nvidia and YTL Power International Bhd., has launched a 600MW Nvidia-powered data center in Kulai, Johor, marking a significant step in Malaysia's AI sovereignty strategy [1][2] - The government has allocated RM5.9 billion in the 2026 Budget to enhance AI infrastructure and adoption, aiming to boost industrial productivity and global competitiveness [2] Group 2: Strategic Goals and Market Positioning - Malaysia aims to become an AI leader in ASEAN by 2030, following the launch of its first locally developed large language model, ILMU [2] - The global AI market is projected to exceed USD 1.8 trillion by 2030, with Malaysia positioned to benefit from this growth [5] - The initiatives are part of Malaysia's broader "Malaysia Digital" strategy, which seeks to establish Kuala Lumpur as ASEAN's emerging tech hub [5] Group 3: Company Developments and Innovations - BOOKMAP Malaysia Sdn. Bhd. is enhancing investor capabilities with advanced order-flow visualization tools and expanding its hybrid online exchange services [6] - Axiata Group Berhad is leveraging AI for network optimization and data center investments, currently in its "Wave 3 impulse phase" with a projected price target of RM4.50 [7]

Singapore-based data center operator DayOne may reach a valuation of about $10 billion after the potential fundraising https://t.co/ibUnriqDSk ...

Core Insights - DayOne Data Centers has secured a mezzanine financing facility of €500 million, expandable to €1 billion, from Brookfield and a global sovereign investor, indicating strong investor confidence in the company's growth potential and infrastructure expertise [1][3][5] Financing Details - The financing will be secured by DayOne's Finland platform, with proceeds allocated to hyperscale developments in Lahti and Kouvola, while also allowing flexibility for other growth markets [2][4] - The facility has a seven-year tenor, providing strategic flexibility for organic expansion and new-build programs [3] Capital Raising History - This financing adds to DayOne's previous capital raising efforts, totaling US$1.9 billion from Series A and Series B equity rounds, further supporting its expansion in Europe and Asia-Pacific [4] Development Pipeline - DayOne is advancing nearly 300 MW of planned capacity across Finland, including a €1.2 billion investment commitment in Lahti and a joint-venture hyperscale development in Kouvola [4][5] - The company is building a global platform of hyperscale data centers, with a development pipeline that includes markets such as Singapore, Malaysia, Indonesia, Thailand, Japan, Hong Kong, and Finland [7][8] Strategic Importance - The financing from Brookfield strengthens DayOne's long-term capital base and aligns with the increasing demand for digital infrastructure driven by AI and cloud technologies [5][6]

发布会闭幕后，参会嘉宾还到智算中心近距离考察中心的硬件配置与运营管理体系，通过实地探访对其 专业实力给予高度认可，切实感受到支撑未来数字经济发展的澎湃算力。 作为多方协同推进的标杆项目，该中心由青岛市工信局指导、崂山区政府统筹、青岛联通与并行科技共 建，定位为战略级人工智能基础设施，旨在打造"政策+网络+算力"融合的政企合作典范，为区域数字 经济发展注入新动能。 该智算中心的一大亮点是其部署的"三千卡高性能GPU智算资源池"，不仅可为科研和企业的研发提供强 大的算力支持，还具备了胶东半岛1ms超低时延的技术优势，可高效支撑智慧海洋、智能制造等企业研 发场景与高校科研教学需求。发布会现场，由政府、联通、并行及相关行业单位领导共同上台，点亮三 千卡青岛智算资源池，并邀请数字青岛建设有限公司副总经理李建伟，解读本地企业算力优惠政策与政 府补贴政策。青岛联通与并行科技还联合向中国海洋大学捐赠算力，用于海洋观测数据处理、气候模型 研发等前沿领域，助力海洋科研与人才培养。 11月28日，山东联通与北京并行科技联合举办的青岛智算中心上线发布会在青岛市崂山区举行，本次发 布会汇聚政企学界多方力量，共同见证青岛算力服务领域这一 ...

Core Insights - Bitfarms is transitioning its cryptocurrency mining operations into data centers focused on high-performance computing (HPC) and artificial intelligence (AI) to generate substantial revenue that could replace income from cryptocurrencies [1] Company Overview - Bitfarms is exploring new revenue streams by repurposing its mining farms for intensive data processing tasks [1] Market Potential - The shift towards HPC and AI indicates a strategic pivot that could capitalize on growing demand in these sectors, potentially enhancing the company's financial performance [1]

Core Insights - The establishment of data centers in small towns is creating a digital gold rush, with significant economic benefits but also raising concerns among local residents about planning and environmental impact [1][3][4]. Group 1: Economic Impact - Data centers provide good-paying jobs, expand the tax base, and boost local businesses and the economy [3][6]. - The Meta facility in Newton County spans 1,000 acres and consists of eight large buildings, each the length of four football fields, operating continuously [2][3]. Group 2: Community Concerns - Critics express concerns about the rapid development of data centers without proper planning, particularly regarding an Amazon facility being built on a 500-acre site [4][5]. - Local leaders acknowledge the economic stimulus from data centers but emphasize the need for careful planning to avoid haphazard development [5][6].

Summary of China & ASEAN Data Centers Conference Call Industry Overview - The report focuses on the China and ASEAN data center sector, highlighting positive trends in order volume, capital expenditure (capex) expansion, and capital recycling strategies for companies like GDS and VNET [1][6][37]. Key Companies - **GDS Holdings (GDS)**: Target price set at US$43/HK$42 for ADR/H-share, reflecting a slight decrease from previous targets. Valuation of DayOne, a subsidiary, increased by 17% to US$10.5/HK$10.2 per GDS ADR/H-share [1][49]. - **VNET**: Maintained a target price of US$14, with a Buy rating [1][49]. Core Insights - **Order Volume and Demand**: Both GDS and VNET are expected to secure around 300MW of orders each in 2026, representing a significant increase in market share from 9% in 2025 to approximately 20% of incremental data center demand in China [6][10]. - **Capex Growth**: GDS's organic capex is projected to reach Rmb7 billion in 2026, up from Rmb4.8 billion in 2025, to support capacity expansion. VNET's capex is expected to exceed Rmb8 billion for 350-400MW capacity delivery [6][7]. - **Favorable Financing Environment**: The report notes a positive outlook for financing, with GDS and VNET expected to generate substantial operating cash flow (Rmb4 billion+ for GDS and Rmb3 billion+ for VNET in 2026) [7][10]. Financial Performance - **DayOne's Performance**: DayOne reported a significant year-over-year growth in revenue (+177%) and adjusted EBITDA (+358%), indicating strong operational execution and capacity expansion [53][59]. - **Capacity Expansion**: DayOne aims to reach approximately 1GW of committed capacity by the end of 2025, with ongoing projects in Thailand and other regions [53][54]. Market Trends - **Data Center Demand Growth**: The China data center market is projected to grow at a CAGR of 23% from 2024 to 2028, reaching 33GW by 2028 [10][12]. - **Utilization Rates**: GDS and VNET are expected to account for over 11% of data center demand in China by 2028, driven by above-industry utilization rates [17][12]. Regulatory Environment - New electricity tariffs in Malaysia may increase operational costs for data center operators, while stricter water consumption rules could benefit companies like DayOne that focus on higher-tier data centers [54][54]. Valuation Adjustments - GDS's valuation was adjusted to Rmb66 billion or US$37.4/HK$36.4 per ADR/H-share due to increased share count from recent offerings. DayOne's valuation was raised based on improved growth estimates [48][49]. Conclusion - The outlook for the China and ASEAN data center sector remains positive, with strong demand, increased capex, and favorable financing conditions. GDS and VNET are well-positioned to capitalize on these trends, supported by robust operational performance and strategic expansions.

Why we should train AI in space © Lumen Orbit, Inc., White Paper v1.01, September 2024 Ezra Feilden PhD, Adi Oltean, Philip Johnston Introduction To keep pace with AI development, vast new data centers and many gigawatts of new energy projects to power them will need to be deployed around the world. At the same time, electrical utilities are being hit by a tidal wave of new demand from the electrification of industry, transport, and heating. Electricity demand may triple in the coming years as a result 1 , ...

Core Insights - Equinix, Inc. announced the planned retirement of Chief Financial Officer Keith Taylor in 2026 after 27 years with the company, with a transition period where he will serve as a Special Advisor [1] - Taylor has been pivotal in Equinix's growth from a startup to a Fortune 500 leader, overseeing financial strategies that have led to over $9 billion in annualized revenue [1] - The company is actively searching for Taylor's successor, considering both internal and external candidates, with the process expected to conclude in the coming months [1] Company Overview - Equinix is recognized as a global leader in digital infrastructure, providing data center services and interconnected ecosystems that facilitate innovations across various sectors [1] - The company emphasizes its commitment to sustainability, having developed a Green Finance Framework to support the communities it operates in [1] - Equinix connects economies and organizations, enhancing digital experiences and promoting advancements in AI technology [1]