Data centres

With land and power at a premium, the Republic homes in on workloads with stronger reasons to be hosted on its shores

The upcoming facilities on Jurong Island may be small in capacity, but have a chance to test new frontiers

It also found that the energy industry is optimistic about AI adoption, but faces cost and data quality challenges.

Keppel and Equinix are the other two awardees; the four were picked from a field of more than 20 applications

This comes amid efforts to raise funds to expand its global footprint as demand for AI capacity surges

Analysts say its higher prices are unlikely to derail data centre growth, but tighter supplies could stymie new capacity

The deal value in the region is up 2.5 times year on year to US$9.2 billion in Q1

The upcoming facility will pioneer a proof-of-concept initiative for hydrogen-based energy

Foundry access is just one constraint that startups are facing