DayOne
Global hyperscale data-center operator spun out of GDS Holdings to serve AI cloud demand
Infrastructure
📍 Singapore
Founded 2022
Current Valuation
$10B
as of 2026-Q1
DECACORN
DayOne is the international hyperscale-data-center spin-out of China's GDS Holdings, focused on AI-grade liquid-cooled capacity in Singapore, Malaysia, Japan, and Indonesia. Closed a $2.0B Series C in early 2026 led by GIC and Kuwait's KIA, taking total funding past $3.9B. Reports suggest IPO ambitions north of $20B - a listing window may open in 2026 if AI capex demand holds.
Company Profile
Growth
build-out across SE Asia and Japan
Last Round
Series C — $2.0B (Feb 2026) · Lead: GIC / KIA
Founders & Key People
Jamie Khoo
Investors
GIC · Kuwait Investment Authority · Hillhouse · GDS Holdings (parent spin-out) · Coatue
Products
- Hyperscale data-center campuses
- Liquid-cooled AI compute halls
- Cross-border colocation
Competitors
CoreWeave · Crusoe · Vantage Data Centers · Equinix · AirTrunk
InfrastructureData CentersHyperscaleAI ComputeAPAC
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q1. Refreshed quarterly.