Will start new role on March 18

As 3i sells stake in Shared Tower

Capacity is running low at existing facility

Brings total raised by the company to $515m

Nvidia, AMD, Qualcomm, and Broadcom have all been approached, sources claim

Takes 50 percent stake alongside institutional investors

But the company is increasingly using Amazon Web Services

Undisclosed fee paid for consultancy that works with hyperscalers and colo providers

Company commits to spend $1bn on data centers in city

He replaces Manat Manavutiveth

Terms of both investments not shared.

First facility due to come online in Q2 2025

Follows recent investment by Iron Mountain

Hyperscalers make up around 80 percent of all data center demand, colo supply grows by more than 40 percent

First phase due later this year

The regulator is seeking responses to its proposal by May 19

Three power engines given permits

Phase I was completed in 2022, Phase II slated for completion in 2026

Power company takes over make of power enclosures

AI represented around 15 percent of workloads, projected to grow to 40 percent by 2030

China Life leads investment in new RIET - GDS to retain 30 percent stake

Site sold for $21m

Has acquired a 100 percent stake in the company

Site would total six buildings