Dubai Billionaire Plans to Build Data Centers Across Asia
Bloomberg reports that Damac-owned Edgnex to invest $3 billion over next five years. Edgnex ties-up with Nvidia cloud partner Siam AI in Thailand.
Damac Group, backed by billionaire developer Hussain Sajwani, plans to invest about $3 billion to build data centers across Southeast Asia as the region becomes a hub for AI and cloud services. Edgnex Data Centers, a unit of the Dubai-based conglomerate, envisions spending the capital in Malaysia, Indonesia and Thailand over the next three to five years, said Danish Nayar,... ...
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