The region is expected to constitute about 30 per cent of global capacity expansion over the next five years, with more than US$564 billion of investment, the rating agency said.
The booming investments into developing generative AI software in APAC will drive the growth of the region’s data centre market, according to S&P Global.
“North America is the largest market when it comes to generative AI, driving about 63 per cent of global revenues,” Melissa Incera, research analyst for data, AI, and analytics at S&P Global Market…