Adia, GIC closes their investment in data center developer Vantage: A wholly owned subsidiary of Abu Dhabi Investment Authority (Adia) and an affiliate of Singaporean wealth fund GIC finalized their participation as lead investors in the USD 1.6 bn equity investment in data center developer Vantage Data Centers, according to a press release.

Where will the money go? A portion of the capital was used to finalize the acquisition of a 300+ MW hyperscale campus in Johor, Malaysia, from Mubadala-backed data center developer Yondr Group. The transaction expands Vantage’s regional platform to 1GW of operational and planned IT capacity across Australia, Malaysia, Japan, Taiwan, and Hong Kong.

REMEMBER- Both Adia and GIC are existing backers of Vantage, alongside alternative asset manager DigitalBridge Group. Adia acquired a 40% in DigitalBridge’s subsidiary Landmark Dividend back in April 2024.

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ALSO- Oracle deploys MENA’s first Blackwell-powered supercluster in Abu Dhabi: American cloud infrastructure firm Oracle has launched an Oracle Cloud Infrastructure (OCI) supercluster with more than 4k of Nvidia’s latest Blackwell-architecture GPUs in its Abu Dhabi cloud region, according to a press release. The deployment, which Oracle says is the first of its kind in the MENA region, gives government entities and regulated sectors access to high-density AI compute while keeping data in-country.

A closer look: The supercluster is designed to support sovereign AI workloads across smart government, energy, finance, healthcare, aviation, logistics, and telecoms. Oracle says the buildout will enable in-region training, inference, and R&D at scale.

ICYMI- The US recently gave the greenlight to the export of several USD bns worth of Nvidia chips to the UAE, and later to state AI firm G42 on the condition of “rigorous security and reporting requirements.” Oracle is also involved in the 5 GW UAE-US AI Campus, the first deployment of the USD 500 bn US Stargate initiative.

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