PolicyLight Readingabout 1 hour ago
Firmus IPO Collapse Halts Asia Data Center Boom
3 min read
Australia's Firmus collapsed its AU$7.1 billion IPO Friday, seeking private funding instead. Philippine telco PLDT delayed its data center REIT listing until 2027 due to rising interest rates. Southeast Asian governments also paused multiple AI and data center projects amid regulatory hurdles and power concerns.
Level
Hype check
Tap to vote and see what everyone thinks.