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Gorilla Technology acquires land in Thailand for 200MW AI data center

May 5, 2026 8:35 AM

Gorilla Technology Group (NASDAQ: GRRR) announced it has acquired land in Korat, Thailand to develop a 200MW AI data center campus. The facility is planned to support approximately 150MW of IT load for AI computing applications across Southeast Asia.

The campus will be built on approximately 100 rai (40 acres) in Nakhon Ratchasima and will comprise six data halls when fully developed. Five halls are planned at approximately 30MW each, with one larger 50MW facility. Construction is expected to begin in July 2026, subject to final engineering, permitting and mobilization.

The first phase of the campus is targeted for completion by Q1 2027. The company stated the facility could support approximately 76,000 GPUs under a configuration using GB-300 systems at full deployment, with approximately 142kW per rack and 72 GPUs per rack.

"Anyone can talk about AI, but very few can put together the actual physical platform required to run it," said Jay Chandan, Chairman and CEO of Gorilla Technology. "We've secured the land and utilities needed for large-scale compute and cleared hurdles that many others have not."

Gorilla Technology targets approximately $1.5 billion of annualized revenue from the campus starting in 2028, subject to customer contracting and full commercial utilization. The company plans to fund the project through debt financing, infrastructure debt, and asset-backed financing structures.

The project is expected to create over 1,000 jobs across engineering, operations, infrastructure management and support services. The campus is designed to serve governments, hyperscalers, enterprises and AI developers requiring compute capacity in the region.

Information is based on a company press release statement.

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