Keppel Corporation plans to double its data center funds and capacity to meet rising AI-driven demand.

Singapore's Keppel Corporation plans to more than double its data center funds under management from S$9 billion to S$19 billion, aiming to boost its capacity to 1.2 gigawatts. This expansion responds to rising demand for digital infrastructure driven by artificial intelligence advancements. Keppel operates 35 data centers in Asia-Pacific and Europe and is involved in projects like the Bifrost Cable System, enhancing its competitive edge in renewable energy and cooling solutions.

October 24, 2024
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