American investment fund Davidson Kempner and British firm Pioneer Point Partners have announced an ambitious project to build a state-of-the-art data center in Portugal, with planned investments amounting to 8.5 billion euros (approximately 9.35 billion dollars) by 2030. This large-scale initiative is designed to meet the growing demand from major technology companies and organizations engaged in artificial intelligence (AI). The project, known as Start Campus, marks a significant milestone in the evolution of digital infrastructure as businesses around the world increasingly rely on cloud computing and advanced AI capabilities.

In the fast-evolving landscape of artificial intelligence and digital transformation, the global computing industry is witnessing a significant leap forward in the development of central processors for data centers. Recently, Arm Holdings announced its ambitious plan to increase its market share in data center processors from roughly 15% in 2024 to an anticipated 50% by the end of this year. This aggressive growth strategy comes in response to the booming AI sector, where Arm processors serve as essential “host” chips, orchestrating the performance of specialized AI chips.

SoftBank is making a substantial move in the technology sector by planning to convert the closed Sharp display panel factory in Japan into a modern data center. This initiative is part of a collaboration with American company OpenAI, renowned for creating ChatGPT. According to a report by Nikkei, these changes could significantly impact the artificial intelligence market in the region.

Singapore's telecommunications giant SingTel $Z74.SI has announced a significant leap forward in green technology by securing a green loan amounting to SGD 643 million. The funding is aimed at constructing a new 58-megawatt data center in Singapore.