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Thursday, October 8, 2026

AirTrunk commits $1 billion to AI cooling upgrade at Japan campus

Technology Thursday, October 8, 2026 · Updated Oct 8, 2026 07:38

Blackstone-backed AirTrunk will invest an additional $1 billion in its 300-plus-megawatt TOK1 campus in Inzai, Japan, to deploy liquid cooling for high-density AI workloads.

Why it matters: It is the clearest recent signal that the AI infrastructure buildout is migrating toward Asia, where executives say geopolitics is pulling demand away from the US and Europe.

Data as of Announced Oct 7, 2026. Reuters wire text accessed via verbatim syndication; reuters.com URL not publicly available at write time. DCD page bot-blocked to this writer; Reuters-derived figures verified directly, background company figures omitted as unverifiable.

AirTrunk said on Wednesday it was investing an additional $1 billion in its hyperscale data center campus in the eastern Japanese city of Inzai to enable AI workloads, funding the project with a $1 billion green loan led by Sumitomo Mitsui Banking Corp, MUFG Bank and United Overseas Bank. The money will be used to expand capacity and deploy liquid-cooling technology at the 300-plus-megawatt campus, dubbed TOK1, which has traditionally served cloud workloads.

Chief executive Robin Khuda said TOK1 was likely to become the first campus in Japan capable of hosting large-scale AI workload deployment. “Due to geopolitical reasons, we are seeing more and more customers looking to Japan from a North Asian perspective,” he said, adding that deploying AI infrastructure “will get harder in the US” and is “already hard in Europe,” making Asia a “big beneficiary.”

The investment converts an existing cloud campus into AI-ready capacity rather than building a new site: liquid cooling supports higher rack densities than air cooling alone, which is the binding constraint for AI systems that concentrate more heat in each rack.

Sources

  1. Blackstone-backed AirTrunk to invest $1 billion in Japan data centre campus · Reuters · 2026-10-07