Pranav Hotkar
Miami, United States - February 4, 2026 - Core AI Holdings, Inc. said it has signed a memorandum of understanding (MOU) with Malaysian data center developer CSPM Resources Sdn Bhd to pursue the development of AI-ready data center infrastructure in Malaysia, as the company looks to expand its global footprint amid rising demand for artificial intelligence computing capacity.
The planned partnership will focus on retrofitting and expanding existing edge data center facilities into Tier III and Tier IV AI-capable sites, allowing projects to move from planning to operation significantly faster than traditional greenfield developments, according to Core AI.
Core AI said the collaboration is designed to shorten deployment timelines to as little as 12 months, leveraging CSPM’s local expertise, power access, and network connectivity to meet the requirements of hyperscale and enterprise AI workloads.
“This planned partnership represents an important execution milestone in our global AI data center strategy,” said Aitan Zacharin, chief executive officer of Core AI Holdings. “Malaysia has emerged as a key destination for hyperscale investment, and working with a local development partner positions us to move quickly and efficiently.”
Malaysia has attracted growing interest from global cloud and technology companies as they seek to expand capacity in Southeast Asia. Core AI cited large-scale investments announced by hyperscalers and digital platforms in recent years as a key driver behind its decision to prioritize the market.
Under the MOU, Core AI and CSPM will jointly evaluate existing facilities that can be upgraded to support high-density AI computing, including the power, cooling, redundancy, and security standards required for advanced workloads. The companies said the strategy emphasizes repurposing well-located assets rather than pursuing slower, capital-intensive new builds.
Bryan Tan, chief executive officer of CSPM Resources, said many existing facilities in Malaysia are strategically positioned but were not originally designed to handle the power and resilience demands of modern AI infrastructure. He added that the partnership aims to unlock value by upgrading these sites to meet current market needs.
Core AI said the upgraded data centers could be operated as colocation facilities or positioned for sale to hyperscale customers seeking turnkey AI infrastructure. The MOU is non-binding, and the companies will work toward definitive agreements that outline project scope, investment structure, and execution timelines.
The announcement aligns with Core AI’s broader strategy to build a global network of AI-focused data centers, targeting regions where demand for computing capacity is rising faster than available infrastructure. The company said Malaysia represents a strategic entry point for serving both domestic and regional AI workloads.
Core AI added that further updates will be provided as discussions progress and formal agreements are finalized.
