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OpenAI and Anthropic expansion adds pressure to Singapore office rents

OpenAI and Anthropic are taking more office space in Singapore, adding pressure to rents in an already constrained prime-property market, the Financial Times reported. The companies are expanding in response to government efforts to attract AI businesses to the city.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Infrastructure
Infrastructure

Google plans $15B Malaysian data center and cloud investment

Google plans to spend $15B in Malaysia during 2027 and 2028 on data centers, cloud operations, water supplies, power generation and training, The Next Web reports. Alphabet chief investment officer Ruth Porat announced the plan at an event in Kuala Lumpur.

Infrastructure Capital
Infrastructure Capital

Return secures €835 million financing for German battery storage

Energy storage company Return has secured €835 million in portfolio financing underwritten by Deutsche Bank and Rabobank to expand in Germany. The initial framework covers three battery storage projects with a combined capacity of 117 MW.

Capital AI
Capital AI

Pliant raises $80M for expansion and AI payment workflows

Pliant raised an $80M Series C led by Seaya Nova and Speedinvest, the Berlin fintech said Wednesday. The funding will support expansion in the US and Canada, entry into additional markets and its AI roadmap.