Singapore and Vietnam discuss new undersea cables to boost AI and data services amid tech rivalry.

Singaporean asset manager Keppel and Vietnamese conglomerate Sovico Group are discussing plans for new undersea fiber-optic cables to boost the region's data center industry. These cables aim to meet the growing demand for AI services and data centers in Southeast Asia, where countries like Vietnam plan to have 10 new submarine cables by 2030. The talks also reflect the Sino-American tech rivalry, with both powers competing to secure contracts for undersea cables that carry most internet data. One proposal involves a $150 million cable directly linking Vietnam and Singapore.

3 months ago
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