Malaysia's freshest news, trending stories and local buzz.
CIMB Group is aiming for 5-6 per cent loan growth next year, with wholesale banking driven by data centre and artificial intelligence investments, while consumer lending expands in line with economic growth.
NextDC, Australia's largest data centre operator, has disclosed deteriorating water and energy efficiency ratios for the third consecutive year, even as the company posted stronger-than-expected financial results driven by surging AI-related computing demand.
SpaceXAI's sprawling AI data centres in Memphis and Mississippi are drawing fierce community pushback over illegal turbines, water depletion, and disproportionate pollution affecting predominantly Black neighbourhoods with a documented history of environmental neglect.
Sime Darby Property has unveiled a RM2.6 billion green sukuk programme—the first globally for data centres—to develop digital infrastructure at Elmina Business Park. The initiative supports Malaysia's digital expansion while diversifying funding for large-scale tech projects.
India is fast-tracking massive data centre projects to catch up in artificial intelligence, but coastal communities fear environmental damage and hidden costs will outweigh promised economic gains.
Malaysia's government will approve data centre projects only after verifying adequate energy and water supply for citizens and industries, Deputy Minister Sim Tze Tzin told parliament.
New York has imposed the nation's first statewide moratorium on large data centres, citing concerns over electricity consumption, water depletion, and environmental damage. The pause targets facilities of at least 50 megawatts.
Authorities across North America, Europe and beyond are implementing freezes and bans on data centre construction as the AI boom strains electricity grids, water supplies and local communities. New York became the first U.S. state to enact a full moratorium.