logo

ChainThink

Stay ahead, master crypto insights

Bridge Data Plans to Invest Up to SGD 5 Billion in Singapore for AI Development

Bridge Data Plans to Invest Up to SGD 5 Billion in Singapore for AI Development

2026-03-12 12:23

ChainThink report, March 12: According to Bloomberg, Bridge Data Centres (BDC) plans to invest up to SGD 5 billion (approximately USD 3.9 billion) in its home market, Singapore, for artificial intelligence technology development, aiming to accelerate its business expansion across Asia.


Eric Fan, CEO of BDC, stated that the privately held company will allocate investments toward research initiatives and infrastructure, with a focus on advanced power architectures, next-generation cooling systems, AI-driven operations, and energy optimization in high-density computing environments.

Disclaimer: Contains third-party opinions, does not constitute financial advice

Recommended Reading
JPMorgan: High Oil Prices May Trigger Monetary Tightening in Asia
JPMorgan: High Oil Prices May Trigger Monetary Tightening in Asia
Software giant Atlassian to cut 1,600 roles in latest AI-related workforce reduction
Software giant Atlassian to cut 1,600 roles in latest AI-related workforce reduction
Anthropic to Open Permanent Office in Washington and Triple Public Policy Team Size
Anthropic to Open Permanent Office in Washington and Triple Public Policy Team Size
Bloomberg: Attorney Chen Zhi demands U.S. return of 127,000 seized bitcoins, stating the funds could not have originated from fraud or money laundering
Bloomberg: Attorney Chen Zhi demands U.S. return of 127,000 seized bitcoins, stating the funds could not have originated from fraud or money laundering
AI platform for lawyers Legora completes $550 million Series D round, led by Accel
AI platform for lawyers Legora completes $550 million Series D round, led by Accel
Meta Announces Acquisition of Moltbook and Integration of Both Founders into MSL Team
Meta Announces Acquisition of Moltbook and Integration of Both Founders into MSL Team
NVIDIA Intensifies Investment in Thinking Machines, Will Provide AI Chip Support
NVIDIA Intensifies Investment in Thinking Machines, Will Provide AI Chip Support