The United Arab Emirates is weighing an investment of 1 trillion yen (about $6.3 billion) in a Japanese AI data center project, with Abu Dhabi's sovereign wealth fund Mubadala Investment expected to lead the round. Other overseas and Japanese investors may join.
The facility could become Japan's largest AI data center once completed. Bloomberg reported that total investment, including supporting businesses and surrounding infrastructure, could reach as much as 2 trillion yen (roughly $12.6 billion). The project will deploy Nvidia AI servers.
Tokyo has made data centers and cloud computing a strategic growth priority, targeting 32.7 trillion yen in combined public and private investment by fiscal 2035. Recent years have seen TSMC, Tower Semiconductor and Micron expand their presence in Japan. Separately, NTT Data plans to invest at least $9 billion by 2033 to grow its computing infrastructure.