The first phase of the data centre is expected to be completed in Q1 2025.
VCI Global has received $30 million of investment for its AI data centre in Kuala Lumpur, Malaysia.
Built via the holding company’s AI arm, VC AI, plans for the data centre – dubbed the AI Computing Center (AICC) – were first announced in June this year.
The company has now secured an investment of $30 million from Alumni Capital in exchange for common shares. This is in addition to an earlier investment of $5 million, also from Alumni Capital.
Both investments will go towards building the facility, which is set to house 512 Nvidia H200 Tensor Core GPUs.
The first phase of the data centre is expected to be completed in Q1 2025. Other details have not been shared.
“We are confident that this $30 million investment from Alumni Capital will significantly strengthen our strategic growth in AI cloud computing. It will enable us to build a world-class AICC in Malaysia that will serve customers globally, particularly in Southeast Asia. We are fully committed to leveraging these resources to foster innovation and advance the AI landscape,” said Victor Hoo, Group Executive Chairman and CEO of VCI Global.
Headquartered in Kuala Lumpur, VCI Global operates five core businesses in fintech, consultancy, real estate, AI & robotics, and cybersecurity. Its AI arm delivers GPU servers, cloud computing services, and large language model solutions across the Asia-Pacific region, the US, Europe, and the Middle East.
Kuala Lumpur is currently home to operators such as EdgeConneX, AWS, and Google. Earlier this year, Equinix acquired land in Cyberjaya, Kuala Lumpur, for its second facility in the city.
