AI Boom Turns Asian Data Centers Into Magnets for Loan Deals

AI Boom Turns Asian Data Centers Into Magnets for Loan Deals

(Bloomberg) — Artificial intelligence advances are fueling a funding frenzy for data centers in Asia, spawning a series of record breaking loans and filling the pipeline with even more potential deals.

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In the span of a week, two major Asian data center operators secured their biggest-ever loans, partly earmarked for the expansion of their operations in Malaysia, which is becoming a hub for these facilities.

The deals underscore the industry’s appeal in…

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https://finance.yahoo.com/news/ai-boom-turns-asian-data-010003522.html

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