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View all search resultsUS corporate earnings are already running almost 60 percent above trend, with rapid growth still expected for years, mostly thanks to the AI boom. But the questionable economics of new AI data centers could pop this bubble.
Protests over a data center complex in Johor state's southern tip — the epicenter of the boom — were the first of their kind in the country. In Selangor, the richest and most populous state, debate about the burden on communities has become politicized.
By the senior economy minister's estimates, the project could cost up to $720 million in total to expand capacity from 580 MW at present to the targeted 1.3 GW at around $1 million per MW, though he did not say how much of that might be footed by the American chip-making giant.
Indonesia Investment Authority (INA), the country’s first sovereign wealth fund, has no immediate plans to issue debt, because it has sufficient capital to fund investments, its new chief executive says, despite recent market volatility weighing on some of its portfolio.
The Tasmania-based artificial intelligence company is set to build one of the Asia-Pacific's largest digital infrastructure facilities on the island of Batam, under a multinational partnership that includes global chipmaker Nvidia to woo AI-native customers.
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