The Aporia · MGX looks for data center assets in the Asia Pacific

MGX, an Abu Dhabi-backed technology investor, is exploring potential acquisitions of data center assets in the Asia Pacific region, with talks ongoing for Stack Infrastructure’s portfolio valued up to $25 billion. This includes sites in Australia, Japan, and Malaysia. MGX's interest aligns with its existing investments in AI infrastructure projects like the BlackRock-backed AI Infrastructure Partnership and the $500 billion Stargate venture in Abu Dhabi.

Written by AI on 2026-09-28, from this article's own text only (the story summary below draws on all the coverage).

Story summary

MGX, an Abu Dhabi-backed technology investor, is exploring acquisitions of data center assets in the Asia Pacific region. This interest comes as part of global efforts to expand artificial intelligence infrastructure. The fund is involved with BlackRock's AI Infrastructure Partnership, which has entered exclusive talks with Australia’s IFM Investors to acquire Stack Infrastructure’s Asian data centers. These sites are located in Australia, Japan, and Malaysia and could be valued at up to $25 billion. Meanwhile, another Blue Owl-backed US data center project, Stargate, faced delays when Oracle invoked force majeure due to permitting issues but said the development remains on track. MGX also supports the $500 billion Stargate venture; its first 250 megawatts in Abu Dhabi are expected to be completed this year.

Written for “MGX Data Center Expansion Asia Pacific” on 2026-11-03, grounded in this article and the 0 other(s) covering the same event.

📰 MGX Data Center Expansion Asia Pacific

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🔮 The fund is an investor in the BlackRock-backed AI Infrastructure Partnership, which together with Australia’s IFM Investors is in exclusive talks for Stack Infrastructure’s Asia Pacific data centers, a portfolio expected to be valued at as much as $25 billion, Bloomberg reported.

2026-09-28 · assertive framing · MGX looks for data center assets in the Asia Pacific

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The fund is an investor in the BlackRock-backed AI Infrastructure Partnership, which together with Australia’s IFM Investors is in exclusive talks for Stack Infrastructure’s Asia Pacific data centers, a portfolio expected to be valued at as much as $25 billion, Bloomberg reported.

framing: assertive · carried by 1 article(s) · first seen 2026-09-28

2026-09-28 · Semafor

MGX looks for data center assets in the Asia Pacific · assertive framing

Abu Dhabi-backed technology investor MGX is looking east for data center assets as the UAE capital’s deep pockets become central to the global AI buildout. asserted

pockets → back → buildout

Bloomberg → back → billion

Stack, owned by US alternative asset manager Blue Owl Capital, has sites in Australia, Japan, and Malaysia. asserted

Stack → own → Australia

The potential deal comes as Oracle invoked force majeure at another Blue Owl-backed US data center — part of the Stargate venture to build AI infrastructure — after permitting delays held up efforts to bring power to the site. asserted

delays → come → site

Oracle, the project’s anchor tenant, said the development remains on schedule, and Blue Owl said the notice does not change its financial commitments. asserted

notice → say → commitments

MGX is also a backer of the $500 billion Stargate venture; the first 250 megawatts of a Stargate cluster in Abu Dhabi is expected to be completed this year. asserted

megawatts → expect → Dhabi

MGX looks for data center assets in the Asia Pacific

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