Japan’s Mitsubishi Corp. and JFE to build AI data center at old furnace site

Japan's Mitsubishi Corp. and JFE to build AI data center at old furnace site Japan's Mitsubishi Corp. and JFE to build AI data center at old furnace site

TOKYO — Japanese trading house Mitsubishi Corp. plans to build a data center on property where JFE Holding once operated a blast furnace in Kawasaki, Kanagawa prefecture, as it strives to meet the growing demand from power-thirsty generative artificial intelligence and other systems.

The facility will use a large number of servers equipped with high-performance semiconductors. Construction is expected to be completed in fiscal 2030 at a cost of 100 billion yen ($664 million) to 150 billion yen.