UAE fund weighs 6.3 billion AI data center investment in Japan

The Japan Times 

UAE fund weighs $6.3 billion AI data center investment in Japan Abu Dhabi sovereign wealth fund Mubadala Investment is considering an investment that would see the construction of one of the largest data centers in Japan. The United Arab Emirates is considering investing as much as ¥1 trillion ($6.3 billion) to build an artificial intelligence data center in Japan, according to a person familiar with the matter. Abu Dhabi sovereign wealth fund Mubadala Investment would lead the funding of a 500-megawatt project in Akita Prefecture, which may include other foreign and domestic investors, the person said, asking not to be identified because the information isn't public. Once completed, it could become the largest data center in Japan. The talks with the Persian Gulf state underscore growing global interest in securing critical AI assets in countries viewed as relatively insulated from geopolitical tensions. A spokesperson for Mubadala declined to comment.