Bitdeer has entered a $400 million agreement to develop an AI cloud computing facility in Malaysia, as reported by CoinTelegraph. The company aims to build up to 350 megawatts of AI cloud capacity by 2028 under this five-year deal.
Revenue from the project is expected to start flowing in early 2027, marking a significant expansion of Bitdeer's operations in the AI and crypto infrastructure space. The facility is part of a broader push to meet growing demand for AI cloud computing resources in the region.
For Japanese investors and market participants, this move highlights the increasing intersection of crypto and AI technologies in Southeast Asia, a region poised for rapid growth in cloud-based digital services.