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The datacentre arms race hits pause in south-east Asia

Power and water constraints are pressuring what seemed like a juggernaut of growth for the region just months ago In early 2026, Thailand’s datacentre industry was on a roll. The country’s board of investment had recently announced approval of datacentre projects from Tiktok, a UAE-based Skyline datacentre and Singapore’s Bridge datacentres, totalling a planned investment of $27bn. As the year has passed, however, what once seemed like a new industrial juggernaut has ground to a halt. Thailand paused construction on 49 projects and approval decisions on 117 more in September 2026, amidst growing concern about the lack of sufficient details for regulation and monitoring. It is not alone in reconsidering datacentre projects. In neighbouring Indonesia, the governor of the country’s most populous province of West Java halted construction on a datacentre due to lack of permits and an incomplete environmental assessment process. Continue reading...

The Guardian · Nov 7
AI Selloff Exposes Data Center Boom Risks

The selloff in AI stocks is adding new uncertainty to the massive buildout of data centers across the US. Jolienne Halisky, CFO of AIB Data Centers, says financing for new projects could become more expensive and take longer as lenders reassess risk, while permitting, power and chip availability remain constraints. She joins Bloomberg Businessweek Daily to discuss her company's plans for its first Texas data center, concerns surrounding its anchor tenant Nebius, and why she believes the recent AI market rout will prove temporary. (Source: Bloomberg)

Bloomberg · Nov 6
Tesla is ‘winding down’ production of the Cybertruck next year

Tesla is getting the Cybertruck ready for retirement in an effort to ramp up its robotaxi output. In an X post on Friday, Tesla CEO Elon Musk said that the company will be "winding down" Cybertruck production at its Texas Gigafactory sometime around the middle of next year, "to make room for increased Cybercab production." […]

The Verge · Nov 6
The midterms proved once and for all that X is not real life

A week before the midterm elections, Vice President JD Vance hosted a town hall in Texas with Fox News host Jesse Watters. It was a friendly event with a friendly audience in what should have been a friendly state, and maybe that's why Vance couldn't help himself. When a college student earnestly asked how the […]

The Verge · Nov 5
Not even $200 million could help Elon Musk buy Texas

James Talarico, the Democratic Texas senator-elect, not only managed to flip the state in yesterday's midterms but prevailed in the most expensive Senate election to date. More than $573 million was spent on advertisements between Talarico, his Republican opponent Ken Paxton, and their aligned PACs. And a big chunk of that money came from just […]

The Verge · Nov 4
Oaktree Data Center Firm Pure Secures Up to $1.9 Billion in Debt

The Oaktree Capital Management-backed data center developer Pure Data Centres Group has raised $780 million in financing, which comes with an option of expanding by $1.1 billion, to help pay for a build-out across Europe and the Middle East.

Bloomberg · Nov 4
Capital Group: Will Open Mideast Office in November

Jody Jonsson, Vice Chair at Capital Group, says the asset manager will formally open its Middle East office this month, citing investment opportunities and a source of client wealth. She speaks with Yvonne Man from the Women Chief Executives Summit in Hong Kong. (Source: Bloomberg)

Bloomberg · Nov 2