Tag: Data Centres

Thailand –The Thailand Board of Investment (BOI) has approved investment privileges for projects totalling 170.5b baht (approximately US$5b), including significant digital infrastructure and cloud services initiatives from TikTok and Siam AI.

At a meeting chaired by deputy prime minister and minister of finance Pichai Chunhavajira, the BOI approved a 126.8b baht investment by TikTok Pte. Ltd. in data hosting services to support its affiliated companies, with operations slated to begin in 2026. 

Additionally, the BOI granted approval for a 3.25b baht investment by Thailand’s Siam AI Corporation in cloud services focused on artificial intelligence applications.

“TikTok’s and Siam AI’s investments mark a significant step in enhancing Thailand’s digital and AI infrastructure and supporting the national goal of becoming a digital innovation hub in ASEAN,” said Narit Therdsteerasukdi, secretary general of the BOI. 

TikTok’s investment adds to Thailand’s growing digital infrastructure, following data centre and cloud projects by Amazon Web Services, Google, Australia’s NextDC, India’s CtrlS Datacenters, and Singapore-based GDS IDC Services. In 2024, investment promotion applications surged 35% to a 10-year high of 1.14t baht, driven by major foreign direct investments in data centres and cloud services.

Redwood City, California – Programmatic digital advertising company PubMatic has announced that all of its global data centres are now powered by fullyrenewable energy. The company achieved this significant milestone as it embarks on a comprehensive, multi-pronged sustainability plan by the end of 2022.

According to the World Economic Forum, the infrastructure powering the Internet accounts for 2.5% of worldwide electricity consumption. At PubMatic, the majority of this consumption occurs within 10 global data centres, which account for over 90% of the company’s energy usage. By owning and operating its own infrastructure, PubMatic has greater control over the reduction of energy consumption and reliance on fossil fuels. 

To achieve the full benchmark, PubMatic has executed a renewable energy strategy that included collaboration with data centre colocation providers and procurement of qualified renewable energy through virtual power purchase agreements (vPPA) and retail supply agreements. As a result, the company has invested in enough wind and solar power annually to account for every unit of electricity used across its global data centre operations.

Rajeev Goel, PubMatic’s co-founder and CEO, shared that the digital advertising supply chain of the future will be transparent and efficient, and it will also be responsible. 

“The advertising industry must focus on reducing its environmental impact and prioritize sustainability in infrastructure and operational practices. I am proud of what PubMatic has been able to achieve to date, and it is just the first step towards building a more environmentally sustainable business,” said Goel.

The company also supports Ad Net Zero, an organisation committed to reducing the carbon impact of developing, producing, and running advertising to zero by the end of 2030. PubMatic said that it plans to develop and publish specific goals by the end of 2022 focused on improving sustainability across the global company’s owned and operated data centres, offices, and daily business processes with customers and partners.