Dell Joins $15B Japan AI Data Center Project - Dell Technologies (NYSE:DELL)

Japan's JERA, Dell, and RHAELM signed a non-binding agreement to build AI data centers, with a potential $140bn investment. The first project, near Tokyo, will cost over $15bn and start operations around 2028, using power directly from JERA's plant. JERA generates about a third of Japan's electricity and aims to expand AI capacity in the 2030s.

Dell Technologies (DELL) shares fell 0.5% to $535.12 on Oct. 1 as it partnered with JERA and RHAELM to build a $15B AI campus in Japan. Dell will supply its AI Factory platform, with operations expected by 2028. The project's total investment is separate from Dell's potential hardware revenue.

Dell Technologies, JERA, and RHAELM Holdings agreed to collaborate on AI infrastructure projects in Japan. They aim to standardize power, electrical, cooling, and computing systems for large-scale AI data centers. The first project, in Chiba, will have 400 MW capacity and require $15B in investment, with operations starting around 2028.

Jera, Dell, and Rhaelm signed an agreement to develop AI infrastructure in Japan, potentially the largest project in Asia outside China. Apollo Global will invest. They aim for 3-4GW of data centers and gas power in five years, requiring $105-180bn. Jera estimates $35-45bn per GW.

JERA, Dell, and RHAELM partnered to develop AI infrastructure in Japan, starting with a $15B data center in Chiba. JERA provides land, RHAELM handles development, and Apollo Global Management is a financial partner. The project aims to create a scalable model for future expansion.

JERA, Dell, and RHAELM signed an MoU to develop AI infrastructure in Japan, starting with a $15B data center in Chiba. JERA will provide land and power, RHAELM will develop and operate, and Dell will supply AI infrastructure. The project aims to begin operations in 2028 and reach full capacity in 2029.