latentbrief
Back to news
General2h ago

Asia's Data Center Gap Threatens AI Growth

Fortune1 min brief

In brief

  • Asia's energy security is at risk due to its dependence on the Strait of Hormuz.
  • The region needs to build deeper electricity networks to support its AI plans.
  • Japan has announced a $2.3 trillion budget with a quarter of it earmarked for AI and chips.
  • Data center power demand in Asia-Pacific is expected to increase by 165% in 2023-30.
  • However, the region's grid and storage investment is far lower than needed.
  • The gap between announced data center capacity and actual delivery is a major concern.
  • Asia delivered only 38% of its announced data center capacity in 2024.
  • The region's AI growth will be threatened if this gap is not addressed soon.

Read full story at Fortune

More briefs