(March 12): Bridge Data Centres plans to invest as much as S$5 billion (US$3.9 billion or RM15.4 billion) in artificial intelligence (AI) technology development in its home market of Singapore, seeking to accelerate its growth across Asia. The closely held firm will invest in research initiatives and facilities focused on advanced power architectures, next-generation cooling systems, AI-enabled operations, and energy optimisation for high-density computing environments, according to Eric Fan, BDC’s chief executive officer. It’s one of a slew of data centre operators expanding in markets from India to Southeast Asia, tapping rising demand from AI developers. Among Bridge Data’s initiatives is Singapore’s first floating hydrogen power generation solution, which it’s developing with Concord New Energy. The barge-based structure is intended to power future AI data centres.

Source: The Edge Markets March 12, 2026 05:29 UTC