April Tech Round-Up: Data Centres: AI Adds Fuel to the Flames of Growth
Artwork by Dall-E
This month we delve into the explosive growth of data and data centres across the Asia Pacific region. Fueled by the flames of population growth and high digital adoption, AI just added a massive accelerant.
Strap in, and enjoy, from all of us at North Ridge Partners.
Original Thinking from North Ridge Partners
Demand for data centre capacity across the Asia Pacific region is off the charts. But can the industry power this growth sustainably? Click here to read this month’s original thinking.
Big Tech News
When the chips are up and down - as Intel’s foundries fumble and Taiwan’s FABs suffer their biggest earthquake in decades, here comes India!
On a related topic - is Mexico the new Taiwan?
Stargate: the mind boggles.
TikTok: the clock is ticking.
Asia Pacific Tech News
Go you good thing! Canva closes A$2.4bn secondary, one of the largest in history. Expect the proceeds from this secondary and Canva’s much-vaunted IPO to flood into the Australian ecosystem.
GoTo grows up: from tech startup to buyback bonanza.
Alibaba founders’ magic carpet ride: Jack Ma and Joe Tsai buy up tumbling shares to replace SoftBank as largest shareholders.
As Apple hits the brakes, Xiaomi debuts its Model 3 competitor.
Stuff We Found Interesting
A great summary of what’s going on at ASX by Karen Chan: Down, but definitely not out.
Once written off, now bouncing back! Tech IPOs are on the rise again.
More antics from the former/future Leader of the Free World. The Donald’s Trump Media & Technology Group Corp is firmly in reverse. Its shares are tumbling, its founders are suing each and two brothers have pled guilty to securities fraud.
WeSurvive. WeWork emerges, Phoenix-like. Why did anyone ever think this was a tech company?
Complexity at Perplexity: what could go wrong?
Tech Investment Banking Across Asia Pacific
North Ridge Partners advises tech companies across the Asia Pacific on strategy, capital raising and M&A. We’re experienced dealmakers who have built and sold many tech companies. In partnership with GP Bullhound, we have 200 bankers in 17 global offices.
Contact us here.
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