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The defining data centre deals of 2025 and the investors behind them

The transactions that reset valuations, shifted platforms, and signalled where AI infrastructure is heading next.

By Khamila Mulia

Editor APAC, The Tech Capital

12 Mins

In 2025, the data centre boom is no longer only a story about demand, but also a story about ownership. A handful of major transactions reset valuations, put major platforms in new hands, and showed where big investors want the next wave of AI infrastructure to sit. 

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Khamila Mulia

Editor APAC, The Tech Capital

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