Damac-backed Edgnex to invest USD 2.3 bn into new Indonesian data center
Damac acquired the land earmarked for the project in March and has since launched early phase construction at the site
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Damac acquired the land earmarked for the project in March and has since launched early phase construction at the site
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The alliance will span Europe, the Middle East, and the Global South
Key partners include Bpifrance, Mistral AI and other key players such as EDF Group, Bouygues SA, and Ecole Polytechnique
AI investor MGX and Oracle are also expected to be involved in the project
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The new centers in Mafraq and Masdar City will support both AI and cloud workloads
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