NEWS
Bridge Data Centres secures landmark US $ 2.8 billion to fuel data center expansion
Following a year of unprecedented growth at Bridge DC, the Bain Capital backed company will leverage the funds to accelerate development of hyperscale campuses in high-growth markets including Malaysia, Thailand and beyond.
“ This financing milestone underscores strong market confidence in Bridge Data Centre’ s leadership, underpinned by record contracted capacity growth,” said Eric Fan, President, Bridge Data Centres.
Bridge DC’ s expansion is further bolstered by Bain Capital’ s crossregional data center platforms in the US, Europe and China, ensuring seamless support for global hyperscalers.
Bridge Data Centres( Bridge DC) has secured US $ 2.8 billion in senior secured bank financing to fuel its data centre expansion – one of the largest-ever bank facilities for pan-Asian data centre operators.
The financing, underwritten by a consortium of international and cross-regional banks, signals confidence in Bridge DC’ s expansion strategy to meet soaring demand for Gen AI and cloud infrastructure across the region.
“ Bridge Data Centres has consistently demonstrated its ability to execute on its ambitious growth strategy, delivering world-class data centre solutions that meet the rapidly evolving needs of hyperscalers driven by generative AI,” said Drew Chen, Partner, Bain Capital.
“ This landmark financing facility is a testament to the strength of Bridge DC’ s business growth trajectory. Bain Capital is proud to support Bridge DC as it continues to expand its footprint and consolidate its position as a leader in APAC’ s digital infrastructure landscape.”
Oracle launches AI Centre of Excellence to drive innovation across southeast Asia
Oracle has launched of its AI Centre of Excellence in Singapore to help organizations keep pace with the rapid advancements in AI.
The Oracle AI Centre of Excellence will serve as a resource and hub for innovation and collaboration, bringing together leaders at the forefront of AI to drive AI adoption and success across southeast Asia.
“ To remain economically competitive, we need to build an agile and adaptable workforce that is equipped to leverage new technology effectively. The new Oracle AI Centre for Excellence is a good example of how businesses can take the lead in workforce transformation,” Dr Tan See Leng, Minister for Manpower and Second Minister for Trade and Industry, Singapore.
“ AI will fuel the next wave of opportunity and growth,” said Garrett Ilg, Executive Vice President, Oracle, Japan & Asia Pacific.
“ The Oracle AI Centre of Excellence further strengthens our commitment to train thousands of students and professionals in Singapore and provide readily-available digital talent for the local workforce.”
The Oracle AI Centre of Excellence builds on Oracle’ s extensive history of supporting governments and enterprises in Southeast Asia. Established as part of the Oracle Solution Center, a flagship program featuring state-of-the-art systems, cutting-edge technology, and customer-experience sites worldwide, the Oracle AI Centre of Excellence offers both a digital and physical environment, equipped with the latest cloud and AI technologies.
The centre’ s ecosystem partners currently include: Accenture, Deloitte, Digital Realty, NCS, NTUC LearningHub, PwC and ST Engineering.
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