SINGAPORE, May 28 (Reuters) - A consortium of KKR

and Singapore Telecommunications (SingTel) has

emerged as the frontrunner to buy a minority stake worth $1

billion in one of Asia's biggest data centre providers, two

sources with knowledge of the matter said.

The potential investment in STT Telemedia Global Data

Centres underscores growing interest and demand for data centres

across Asia Pacific as nations and companies in the world's most

populous region respond to the boom in artificial intelligence.

The sources declined to be named as the information is not

yet public.

KKR declined to comment. Singtel and STT did not immediately

respond to requests for comment.