Data Center News

Naver Eyes Saudi Arabia for Large-Scale Data Center Expansion

Cryptocurrency and HPC data center developer MARA Holdings has signed an agreement to acquire a 505MW combined-cycle gas turbine (CCGT) power plant in Hannibal, Ohio, along with more than 1,600 acres of land suitable for a large-scale data center campus. MARA will acquire the Long Ridge Energy...

May 02, 2026

Naver Corp.

Naver Raises $270m for AI Data Center Project in Sejong

South Korean AI cloud company Naver has secured a 400 billion won ($270 million) loan from the country’s Public Growth Fund to support the development of its AI data center in Sejong. Approved by the Financial Services Commission (FSC), the financing will fund the expansion of Naver’s Sejong f...

April 24, 2026

Naver Corp.

Alibaba Launches Data Center in Seoul, South Korea

Alibaba Cloud has announced the opening of a new data center in Seoul, South Korea. The company first revealed plans for a South Korean cloud region last year. It currently operates 82 Availability Zones and 26 regions across the globe. Alibaba’s head of Cloud Intelligence for Japan and Korea,...

March 31, 2022

Seoul

Pacific Asset Management and CPP Investments Are Teaming Up To Develop Hyperscale Data Center In Seoul

Pacific Asset Management and Canada Pension Plan Investment Board have formed a joint venture for the sole purpose of developing a hyperscale data center in Seoul, South Korea. The two companies announced that they would be investing KRW 200 billion (US$164.4 million) to develop the largest ca...

March 21, 2022

Seoul

SC Capital Partners Launches Zeus Data center Plans Hyperscale Facility in Seoul

Singapore’s SC Capital Partners (SCCP) has announced the launch of a new data center firm. The real estate investment firm says it will be developing hyperscale facilities across Asia. Zeus Data Centers, backed by SCCP, launched its website and social media pages in the summer. Reports show...

March 01, 2022

Seoul

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