Gorilla Technology Group Inc. (NASDAQ:GRRR) saw its stock surge 15% following the announcement of a major $1.4 billion contract with Freyr Singapore to build a network of AI-driven data centers throughout Southeast Asia.
The three-year agreement establishes Gorilla as the primary provider of AI infrastructure, operational services, and end-to-end data center intelligence across Indonesia, Malaysia, and Thailand. The rollout begins with a $300 million initial phase slated for the fourth quarter of 2025.
As part of the deal, Gorilla will lead infrastructure deployment and operations, while Freyr will serve as the regional expansion partner. The company will utilize its proprietary AI stack, including GPU-as-a-Service technology, orchestration software, and real-time monitoring systems, at local co-location facilities.
“Gorilla has a uniquely strong understanding of this region and therefore the right vantage point to develop this critical network of data centres,” said Jay Chandan, Chairman & CEO of Gorilla Technology Group Inc. “We have been building in AI for more than 17 years, and we understand this region better than most.”
The collaboration aims to create high-performance, intelligent, and sovereign infrastructure across Southeast Asia. The companies noted that this contract is the first step in a larger expansion strategy, targeting additional data center projects worth at least $2.5 billion over the next few years.
Site selection and systems integration for the first phase are already underway, with AI services expected to go live in early 2026.
Gorilla Technology Group stock price
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