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TikTok Invests $8.8 Billion in Thailand Data Centers, Bypassing US-China Tech Tensions

Benzinga LogoBenzinga12h ago

TikTok Invests $8.8 Billion in Thailand Data Centers, Bypassing US-China Tech Tensions - Benzinga

Quick Summary:

Prior reports indicated Nvidia Corp (NASDAQ:NVDA) eying investments in Thailand after Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Microsoft Corp’s (NASDAQ:MSFT) move as Southeast Asia becomes a hub for artificial intelligence data centers and component manufacturing.

ByteDance’s TikTok committed $8.8 billion in data centers in Thailand over five years, Reuters cited VP Helena Lersch on Friday.

Thailand has attracted multibillion-dollar investments in data centers and cloud infrastructure from Amazon.com ...

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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-28 @ 13:09:38 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 274 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 26512174

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 18 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #53

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  • URL: https://beamstart.com/news/tiktok-invests-88-billion-in-17407487945267

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