US private equity-backed data centres fuel TikTok owner’s growth

The US private capital groups have invested billions of dollars in data centers served by the Tiktoki owner, now the best chips in Chinese companies are now threatening Chinese companies.

Blackstone, Bain Capital, Warburg Pincus

Some have done it without knowing whether Imitation He uses or plans to use, websites to enter Legal Legal, High Quality NVIDIA Chips, as it develops its artificial intelligence potential.

Chinese companies have been banned from Nvdia’s highest performance chips outside the United States since 2023. But they legally managed to provide their access to data centers abroad, which often contain a number of Malaysia

The May loopholes will be closed in May, which prohibit Chinese groups not only having such advanced US technology, but also access to China.

The rules were issued by Joe Biden’s administration when it was left.

“If you want to build a data center in Malaysia with NVIDIA[chips]A number of a number of a number you are going to meet such security requirements that include not to allow [China] Train large linguistic models on these data collections.

The type of chips used in data centers is not clear, and private share groups do not always know, as the data center companies do not belong to chips or rent customers.

However, multiple people with knowledge of the issue said FT that Malaysian data centers entered Malaysia for focusing.

Purchase groups tend to view the view that “You Build Building Electricity and Cooling System. The server and what is not in the server is your business, “said private equity executive.

In recent years, focal ones are growing out of China’s data centers, particularly in Malaysia, as it becomes a key player in China’s AI race. This year provides large orders to build a large-scale AI capacity, including through such lease agreements, FT Reported last monthA number separate, General Atlantan, has invested in itself.

“There has been this game of cat and mouse where [US] The Department of Exports has changed the settings to capture the chips, “says Matt Rabinov, a partner Matt Rabinov, who is in the Philsbury Law Firm.

The identities of the chips owners and operators used in the data centers must pass the reconsideration process to ensure compliance.

Isn’t it clear whether US President Donald Trump, who has given ways to China in its first term, will later change the order of export regulations and their use?

The rules of entry into force in May may hit the cost of investment groups, reducing the demand for data centers if other Chinese groups are unable to use their best NVIDIA chips industry.

However, the high demand for data centers in the world can fill in the gap, added.

World Private Capital Groups have been introduced in recent years to introduce data centers, as well as a slowing down, has slowed down, consists of the prospects of Internet use and the impact of AI boom.

They have tried to stay away from the chip supply complex and politically pregnant business that keeps the physical buildings of data centers, but does not belong to the chips.

“We have no visibility or influence on servers and equipment that our customers are installed in data centers,” says Princeton Digital Group by the data center.

Baine noted that his portfolio companies did not have access to servers inside data centers, which they work and added that “corresponding laws” are “corresponding” in all the jurisdiction. ” Blackstone and General Atlanty refused to comment.

The fragmentation is anchored at a data center in the center of the state in the southern Malaysia, which belongs to a unit of Wintrix. It is also a tenant with several other Johor’s operations, including Blackstone, operations, PDG and Epoch Digital, which run the general Atlantic infrastructure manager Actis.

This year, AI infrastructure plans to spend more than $ 12 billion on AI infrastructure, of which $ 6.8 billion is allocated for investment outside China. But the US rules can complicate that contribution.

“The scintilla corresponds to all existing laws and regulations,” the company said to FT.

Warburgurg Pincus has agreed to invest in up to $ 300 million in PDG in 2017 and injected further means. Blackstone completed her $ 24 billion ($ 15 billion) Acquisition of Sydney-based ventilationIn December, websites have websites in Malaysia, Singapore, Hong Kong, Australia and Japan.

In 2019, China Chinese bought it, it was united with Bridge data centers and listed a combined company in 2020.

The total Atlantic ended the purchase of Act last year.