TECH - AI Boom To Drive Billions In Data Center Investments In APAC: Report | Benzinga
The ongoing artificial intelligence boom is expected to trigger a surge in data center investments in the Asia-Pacific region, with the total value of mergers and acquisitions and investments projected to reach billions of dollars.
What Happened: Global private equity investors and asset managers are gearing up for a wave of M&A and investments related to data centers in Asia-Pacific. The region’s increasing demand for digital infrastructure, driven by the AI boom, is the primary driver of this trend, Reuters reported on Wednesday.
Asia-Pacific, including Japan, has been leading the global data center market in terms of M&A activity, with a total value of $840.47 million this year, accounting for more than half of the global total. In 2023, the region’s data center deals reached a record high of $3.45 billion, a figure that is expected to be surpassed this year with several large transactions in the pipeline.
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