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CURRENC AI Data Center

Johor Bahru, Johor, Malaysia · Johor market · location approximate to city level

CURRENC AI Data Center is a data center project in Johor Bahru, Malaysia, operated by CURRENC Group (Nasdaq fintech). It has been announced and has not yet reached the land or permitting stage. It is planned for 500 MW of IT load.

Latest change on record: entered the record as announced in March 2025.

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Stage
Announced
Planned IT load
500 MW
Running now
Not disclosed
Operator
CURRENC Group (Nasdaq fintech)
Local developer
AI workloads
Likely
Evidence grade
Corroborated
Will it get built?Open question2 of 7 gates passed
✓ Land secured○ Power arranged○ Approvals granted✓ Money committed○ Tenant or own use○ Builder appointed○ Construction started

Next gate to watch: Power arranged.

Your call. Will it be built?

Build odds is ArusGrid's reading of the public record, not a forecast, a rating or advice. It counts the gates this project has passed in public sources. Private progress does not show, a passed gate can be undone, and projects that pass every gate still stop. The method has not yet been tested against outcomes. How it works.

How Malaysia approves, powers and taxes data centers is on Data center rules in Malaysia.

How well evidenced is it

Construction or financing is evidenced, or several independent signals agree. On record: named funder, dated, sized phase, three or more sources, dated source in the last 24 months. Criteria.

AI workloads

StatusLikely

stated AI DC purpose (speculative project)

Access to AI chips

GradeNo US licence required

This country carries no US destination-based licence requirement for advanced AI chips as the rules are enforced today. Access is a commercial matter between the project and its vendors. Criteria.

Phases

Phase 1 · Announced100 MW, target 2026

Stage history

2025-03Announced · w.media

Who is behind it

OperatorCURRENC Group (Nasdaq fintech) · Local developer
Funder, EquityCURR-ARC AI Fund 1 (target US$100m)

Who uses the compute

Checked on 2026-10-03. No user of this capacity is on the public record. ArusGrid read the operator's releases, the landlord's and contractors' exchange filings, regulator and lender documents and interconnection records. Most colocation leases are confidential, so this says nothing about occupancy.

Money at this site

ArusGrid estimate, building costabout US$4.8bn to US$7.2bn

No figure has been announced. This range is 500 MW of planned IT load times a published benchmark of US$11.37 per watt for Malaysia, plus or minus 15 percent, with 10 percent more at the top for liquid cooling because the project is AI-positioned. It covers the building and its mechanical and electrical plant. It excludes land, grid works, servers and fees.

Benchmark: Turner & Townsend Data Centre Construction Cost Index 2025, as reported by Data Storage Asia. An estimate is never added to any total on the site.

Land
Site100 acres · Mar 2025 Confirmed source ↗
Plan to acquire 100 acres; no closing reported

Sources

  1. datacenterdynamics.com
  2. globenewswire.com
  3. Press Release – Currenc Group Inc. Announces FY2025 Financial Results (CURRENC Group (SEC 6-K/8-K exhibit), 2026-05-01)
  4. Form 20-F (Currenc Group Inc. (SEC EDGAR), 2026-04-30)
  5. Form 6-K (Currenc Group Inc. (SEC EDGAR), 2026-10-07)
  6. Form 6-K (Currenc Group Inc. (SEC EDGAR), 2026-09-21)
  7. Currenc Group halts Animoca Brands merger talks (StockTitan (SEC 6-K), 2026-09-21)
  8. CURRENC to develop 500MW Hyperscale AI Data Center in Johor; to be funded by US$ 100 million new fund with partner ARC Group (W.Media, 2025-03-24)
  9. Currenc Group Inc. Form 6-K (October 2026) (US SEC (Currenc Group Inc.), 2026-10-30)

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