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Wednesday 7 October 2026

Markets · Brief

Blackstone-backed AirTrunk to spend $1 billion more on Japan campus

The investment will fund liquid cooling at AirTrunk’s Inzai site, which has traditionally supported cloud workloads and has capacity of more than 300 megawatts.

Blue-lit server racks with rows of drives and indicator lights.
Photo: panumas nikhomkhai via Pexels

Blackstone-backed AirTrunk said on 7 October it was investing an additional $1 billion in its 300-plus-megawatt data centre campus in Inzai, Japan, Reuters reported.

AirTrunk said the spending was for liquid-cooling technology to enable AI workloads at the hyperscale campus, which has traditionally supported cloud services. Chief executive Robin Khuda said TOK1 was likely to become the first campus in Japan with large-scale AI workload deployment.

Khuda said more customers were looking to Japan from a North Asian perspective for geopolitical reasons. He said deploying AI infrastructure would become harder in the US and was already difficult in Europe, making Asia a “big beneficiary”.

Sources

Topics: Data centres, Funding