Gorilla Technology Group Sees 18.5% Surge Following Major AI Data Center Contract
September 22, 2025 - 01:54
On September 20, 2025, a significant contract was announced between Freyr Singapore and Gorilla Technology Group, valued at an impressive US$1.4 billion. This deal involves the construction and operation of AI-powered data centers across Indonesia, Malaysia, and Thailand. The initial phase of this ambitious project, costing US$300 million, is set to kick off in Indonesia by the end of 2025.
This strategic partnership not only positions Gorilla Technology Group as the primary operator of these advanced facilities but also lays the groundwork for the companies to explore additional data center opportunities, potentially worth up to US$2.5 billion. The announcement underscores the increasing demand for cutting-edge AI technology in the region, reflecting a broader trend of investment in digital infrastructure to support growing technological needs.
The positive market response to this announcement is evident, with Gorilla's stock price rising by 18.5%, indicating investor confidence in the company’s future prospects and the anticipated success of this major initiative.
MORE NEWS
April 16, 2026 - 18:18
Face of Marketing and Business Solutions: Taneja Marketing/Liftoff TechnologyIn today`s competitive landscape, company culture is increasingly recognized as a critical driver of performance and employee retention. For one firm, the philosophy is clear: cultivate an...
April 16, 2026 - 03:31
Smart EV 2026 | Peng Qianlei: Grasping Three Major Industry Trends to Break Through with Technology and Democratize TechnologyIndustry leaders are outlining a clear roadmap for the electric vehicle sector`s evolution, emphasizing that technological breakthroughs and wider accessibility will define the coming years....
April 15, 2026 - 12:16
Built to flyBrian Robinson, a senior and master`s student at MIT, is crafting a unique flight path that merges the technical with the political. As a double major in aerospace engineering and political science...
April 14, 2026 - 18:21
Multi Component Injection Moulding Technology Market Driven by EV Battery Housing Demand to 2035A new comprehensive market analysis forecasts robust expansion for the global multi-component injection moulding technology sector from 2026 through 2035. This advanced manufacturing process, which...