Philippine Tycoon To Build $300 Million AI Hub With Singapore-Based Evolution Data Centres

Megawide Industries, owned by Filipino business magnate Edgar Saavedra, is making a foray into the AI and data center industry with a $300 million co-location center development in Cavite, just outside the country’s capital city of Manila, in cooperation with Singapore’s Evolution Data Centres. The 70-megawatt data facility in the Philippines is subject to regulatory