Blackstone and ESR race to develop AI data centers in Japan

Country's demographics expected to fuel massive demand for labor-saving tech

20240913 ESR Blackstone

Blackstone and ESR are eyeing the potential for rapid AI adoption in Japan. 

MITSURU OBE, Nikkei Asia chief business news correspondent

TOKYO -- Global real estate investors are rushing to develop data centers in Japan, as they bet on massive demand for computing power from businesses turning to artificial intelligence to cope with labor shortages.

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