Korea Investment Holdings and Japan's SBI plan a ¥1.15tn fund for 200 MW of AI data centres in Japan

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Korea Investment Holdings and Japan's SBI Group plan a joint fund to invest about ¥1.15 trillion (about ₩9.75 trillion) in data centres in Japan, starting with facilities of about 200 MW of power capacity, Korea's Financial News reports. The two financial groups would lead fundraising and bring in companies from both countries as investors, including suppliers of semiconductors, cooling systems and power equipment, and aim to draw up a blueprint by the end of the year. Kyushu is reported as one candidate location, with talks held with Kyushu Electric Power. Korea Investment told Maeil Business Newspaper the plan is one of several projects under consideration and has not been confirmed, so the size, timing and site are reported, not confirmed.

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