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Technology

Could Direct Payments Solve the Growing Public Resistance to AI Data Centers?.

May 18, 2026 at 6:50 PM

As public opposition to massive AI data center projects grows across the U.S., including Kevin O'Leary's 'Stratos Project' in Utah, analysts suggest that direct financial incentives for local residents could be the key to overcoming 'Not In My Backyard' sentiment.

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Could Direct Payments Solve the Growing Public Resistance to AI Data Centers?
Image Credit : deseret.com
Technology

The Financial Shift: Big Tech's AI Infrastructure Spending Surge.

Major technology firms are shifting from software developers to infrastructure operators as they engage in a historic capital spending surge to fund artificial intelligence, increasingly relying on debt markets to fuel this growth.

May 16, 2026 at 4:14 AM
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Finance
Sri Lanka’s Sustainable Finance Sector Earns Prestigious International Honors
Image Source : financesone.worldbank.org

Sri Lanka’s Sustainable Finance Sector Earns Prestigious International Honors.

May 14, 2026 at 4:33 AM
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Local News
Sri Lanka Greenlights Rs. 112 Billion Central Expressway Segment Without Foreign Debt
Image Source : slguardian.org

Sri Lanka Greenlights Rs. 112 Billion Central Expressway Segment Without Foreign Debt.

May 12, 2026 at 5:29 AM
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Big Tech’s Massive $725 Billion AI Infrastructure Gamble Hits Corporate Cash Reserves
Image Source : schroders.com
Technology•
May 8, 2026 at 4:18 AM

Big Tech’s Massive $725 Billion AI Infrastructure Gamble Hits Corporate Cash Reserves.

Major U.S. tech giants are undertaking a historic $725 billion capital expenditure spree to build AI infrastructure, resulting in a significant reduction in free cash flow to decade-low levels.

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Local News

Government Greenlights Multi-Million Rupee Infrastructure Boost for Southern Highway Corridor.

May 5, 2026 at 11:09 AM

The Sri Lankan Cabinet has approved two significant road infrastructure projects to upgrade key sections of the Colombo–Galle–Hambantota–Wellawaya (A002) road, aimed at improving regional connectivity.

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Government Greenlights Multi-Million Rupee Infrastructure Boost for Southern Highway Corridor
Image Credit : ft.lk
Technology

Autonomous Vehicle Industry Enters Era of Consolidation as Capital Flows to Top Players.

The autonomous vehicle sector is witnessing a record-breaking year for venture capital, but funding is highly concentrated among a few dominant firms like Waymo, signaling a shift toward industry maturation and consolidation.

May 4, 2026 at 8:24 AM
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Technology

Why Big Tech's Massive AI Infrastructure Spending Is Not What It Seems.

While Big Tech companies report record-breaking capital expenditures for AI infrastructure, a significant portion of these costs is driven by surging memory chip prices rather than expanded operational capacity.

May 1, 2026 at 3:55 PM
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Technology
Rivian Adjusts Strategic Plans: Debt Financing Reduced Amidst Georgia Plant Expansion

Rivian Adjusts Strategic Plans: Debt Financing Reduced Amidst Georgia Plant Expansion.

April 30, 2026 at 8:07 PM
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Local News•
April 30, 2026 at 7:51 AM

HNB and DIMO Forge Strategic Alliance to Simplify Heavy Machinery Financing.

Hatton National Bank (HNB) has partnered with DIMO to offer specialized leasing solutions for globally recognized heavy machinery, aimed at supporting Sri Lanka’s construction and industrial sectors.

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Business

LB Finance Secures $15 Million Funding Boost from Swiss Impact Investor.

April 28, 2026 at 11:31 PM

Sri Lanka’s LB Finance has finalized a $15 million senior debt facility with Switzerland-based Enabling Qapital to boost MSME lending and promote financial inclusion across the nation.

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Technology
The Surge in U.S. Data Center Infrastructure Financing
Image Source : computeforecast.com

The Surge in U.S. Data Center Infrastructure Financing.

April 28, 2026 at 4:48 AM
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Local News
Fitch Ratings Maintains Stability Outlook for Sri Lanka’s Construction Guarantee Fund
Image Source : fitchratings.com

Fitch Ratings Maintains Stability Outlook for Sri Lanka’s Construction Guarantee Fund.

April 28, 2026 at 2:07 AM
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Local News
Government Confirms Security and Status of 'Rebuilding Sri Lanka' Fund
Image Source : news.lk

Government Confirms Security and Status of 'Rebuilding Sri Lanka' Fund.

April 27, 2026 at 12:04 PM
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WindForce Secures $18 Million IFC Funding for Sri Lanka’s Green Energy Expansion
Image Source : financesone.worldbank.org
Local News•
April 27, 2026 at 11:18 AM

WindForce Secures $18 Million IFC Funding for Sri Lanka’s Green Energy Expansion.

WindForce PLC has partnered with the International Finance Corporation (IFC) to secure $18 million in financing to boost solar power and battery energy storage infrastructure in Sri Lanka.

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Infrastructure

Asian Development Bank Approves $300 Million Loan for Colombo Port Access Elevated Highway.

April 26, 2026 at 8:30 PM

The Asian Development Bank (ADB) has sanctioned a $300 million loan to construct a 5.3-km elevated toll highway connecting the New Kelani Bridge to Galle Face, aiming to alleviate severe traffic congestion and boost trade logistics in Colombo.

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Asian Development Bank Approves $300 Million Loan for Colombo Port Access Elevated Highway
Image Credit : sundaytimes.lk
Technology

Massive $16 Billion Funding Secured for Michigan's High-Capacity AI Data Center.

Related Digital has successfully secured $16 billion in financing to construct a 1-gigawatt AI-focused data center in Saline Township, Michigan, aimed at supporting Oracle's expanding artificial intelligence infrastructure.

April 25, 2026 at 10:36 PM
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Local News
People’s Bank Commits Rs. 300 Million to Nuwara Eliya Post-Cyclone Housing Recovery
Image Source : magzter.com

People’s Bank Commits Rs. 300 Million to Nuwara Eliya Post-Cyclone Housing Recovery.

April 24, 2026 at 11:45 PM
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Technology

Wall Street Shows Caution as Oracle-Linked Data Center Debt Seeks Investors.

Financial institutions are facing challenges in offloading $14 billion in debt tied to Oracle-supported data center projects as investors demand higher yields amid concerns over risk appetite.

April 24, 2026 at 4:56 PM
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Unlocking the €90 Billion EU Loan: Ukraine’s Financial Lifeline and the Druzhba Pipeline Resolution
Image Source : independent.co.uk
Europe•
April 23, 2026 at 9:21 PM

Unlocking the €90 Billion EU Loan: Ukraine’s Financial Lifeline and the Druzhba Pipeline Resolution.

The European Union has greenlit a €90 billion loan for Ukraine after Hungary lifted its veto, following the restoration of Russian oil transit through the Druzhba pipeline.

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