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AI Infrastructure

SoftBank, GRAB and PETROS back $1B AI data center project in Malaysia

SoftBank, Grab and PETROS signed a deal to build artificial intelligence facilities in Sarawak with $1 billion in initial funding. SoftBank provides $800 million while Grab and PETROS each contribute $100 million toward a 5 gigawatt capacity target.

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Part of a series: AI Infrastructure: the latest, in order

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  1. GRAB+0.1%Grab$3.42

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AI Infrastructure

Cantor Fitzgerald sees AI infrastructure selloff as overreaction

Cantor Fitzgerald says last week's 9.7 percent drop in AI infrastructure stocks was an overreaction, noting that projects with secured power and leases remain insulated from regulatory and financing risks.

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