Currenc Group to develop 500MW hyperscale AI data center in Malaysia

CURRENC Group (CURR) announced plans to acquire 100 acres of land in Johor, Malaysia, to build a hyperscale Artificial Intelligence Data Center, AIDC. Featuring a total planned capacity of 500MW, the 100-acre AIDC campus will be developed in phases. Phase 1, comprising 100MW, is targeted for completion and operation by the end of 2026. The campus will provide co-location and wholesale leasing solutions to hyperscalers, enterprise clients, and other data center users, catering to diverse needs and ensuring a robust tenant base. Upon completion, the facility is expected to be one of Southeast Asia’s largest AIDCs and will serve as a cornerstone in CURRENC’s strategy to accelerate financial institutions’ adoption of AI technology.