Asia Centric by Bloomberg Intelligence cover image

Asia Centric by Bloomberg Intelligence

KKR on 'Enormous' AI-Driven Data Center Demand

Oct 23, 2024
Projesh Banerjea, Director of Infrastructure at KKR and a leading expert in Asian data centers, joins the discussion on the burgeoning demand for data centers driven by AI in Asia. He highlights how capacity is set to double in four years. The conversation dives into strategic growth opportunities, challenges in building efficient centers, and the impacts of cloud computing and geopolitical factors. Banerjea also addresses the intricate balance between investment needs and the technological evolution reshaping the industry.
24:05

Podcast summary created with Snipd AI

Quick takeaways

  • Artificial intelligence is significantly driving data center demand in Asia, with predictions of capacity doubling in the next four years.
  • Investors must navigate the competitive landscape of data center development, focusing on partnerships with hyperscalers to align infrastructure with future AI-driven needs.

Deep dives

Rising Demand for Data Centers in Asia

There is significant and growing demand for data centers across Asia, driven by the increased migration of data to the cloud and the rising influence of AI. This trend has historically put Asia at a disadvantage compared to North America and Europe, but the gap is starting to close as more investment flows into the region. Experts anticipate that data center capacity in Asia could double within the next four years, highlighting the potential for substantial growth in this sector. The demand is further propelled by companies seeking to establish hyperscale data centers, which cater to major players like Amazon and Google, thereby creating opportunities for investors.

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