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Local News

Groundworth Unveils High-End Property Project "The Infinity" in Thriving Polgasowita Suburb.

18 hours ago

Groundworth (Pvt) Ltd has introduced its latest premium land development, 'The Infinity', strategically located in the Piliyandala-Polgasowita corridor to offer high-growth investment opportunities.

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Local News
Groundworth Unveils Exclusive 'The Infinity' Residential Project in Piliyandala-Polgasowita
Image Source : geocountries.com

Groundworth Unveils Exclusive 'The Infinity' Residential Project in Piliyandala-Polgasowita.

May 19, 2026 at 4:43 AM
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Technology
Could Direct Payments Solve the Growing Public Resistance to AI Data Centers?
Image Source : deseret.com

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

May 18, 2026 at 6:50 PM
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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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Colombo District Receives Green Light for 126 New Development Projects
Image Source : adaderana.lk
Local News•
May 13, 2026 at 7:11 AM

Colombo District Receives Green Light for 126 New Development Projects.

Authorities have approved 126 development projects worth Rs. 127 million for the Colombo district, with a major focus on infrastructure, road safety, and the 'Praja Shakthi' poverty alleviation initiative.

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Local News

Prime Minister Calls for Citizen-Centric Approach in Colombo District Development.

May 13, 2026 at 4:14 AM

Prime Minister Dr. Harini Amarasuriya has directed officials to ensure that future development projects in the Colombo District prioritize the practical needs of the public, with a focus on infrastructure and poverty alleviation for 2026-2027.

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Prime Minister Calls for Citizen-Centric Approach in Colombo District Development
Image Credit : en.vietnamplus.vn
Technology
Global Private Equity Giants Pour Billions into AI Infrastructure as Data Center Demand Soars
Image Source : communicationstoday.co.in

Global Private Equity Giants Pour Billions into AI Infrastructure as Data Center Demand Soars.

May 9, 2026 at 10:49 AM
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Technology
Big Tech’s Massive $725 Billion AI Infrastructure Gamble Hits Corporate Cash Reserves
Image Source : schroders.com

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

May 8, 2026 at 4:18 AM
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Local News

Boosting the Eastern Province: India Launches Six New Socio-Economic Projects in Sri Lanka.

India has commenced six priority development projects in Sri Lanka's Eastern Province, focusing on healthcare, women's empowerment, and agriculture under a Rs. 2.37 billion grant assistance framework.

May 5, 2026 at 1:21 PM
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Government Greenlights Multi-Million Rupee Infrastructure Boost for Southern Highway Corridor
Image Source : ft.lk
Local News•
May 5, 2026 at 11:09 AM

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

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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Finance

Wall Street Rivals Join Forces to Tackle Massive AI and Infrastructure Financing Needs.

May 4, 2026 at 7:20 PM

Major Wall Street investment firms are shifting from intense competition to collaboration, forming joint ventures to support the unprecedented capital requirements of AI and supporting infrastructure like data centers.

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Wall Street Rivals Join Forces to Tackle Massive AI and Infrastructure Financing Needs
Image Credit : businesstimes.com.sg
Technology
Michigan Power Rates Hinge on $16 Billion OpenAI-Oracle Data Center Project
Image Source : thenerdstash.com

Michigan Power Rates Hinge on $16 Billion OpenAI-Oracle Data Center Project.

April 30, 2026 at 9:09 AM
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Local News

Sri Lanka Invites Bids for High-Tech Mixed-Use Development in Colombo 10.

The Sri Lankan government has approved a 50-year lease for a prime plot of land in Maradana, Colombo, aiming to develop a specialized hub for information technology and intellectual services.

April 28, 2026 at 9:49 AM
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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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Weaponizing Water: How Global Conflicts Exacerbate the Escalating Scarcity Crisis
Image Source : theowp.org
International News•
April 27, 2026 at 1:33 PM

Weaponizing Water: How Global Conflicts Exacerbate the Escalating Scarcity Crisis.

As global conflicts escalate, critical water infrastructure is increasingly becoming a strategic target, threatening millions with 'water bankruptcy'. This analysis explores the dangerous trend of weaponizing essential water services during wartime.

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Technology

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

April 25, 2026 at 10:36 PM

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.

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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

Surging AI Infrastructure Strains Power Grids: Texas Faces Unprecedented Electricity Demand.

Rapid expansion of AI data centers is placing massive strain on power grids, particularly in Texas, where demand could quadruple by 2032. While Texas faces the most significant pressure, Midwest regions are also seeing double-digit growth in electricity requirements, forcing operators to reconsider infrastructure capacity.

April 24, 2026 at 9:17 AM
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Technology
Blue Energy Secures $380 Million to Revolutionize Nuclear Reactor Construction via Shipyards

Blue Energy Secures $380 Million to Revolutionize Nuclear Reactor Construction via Shipyards.

April 21, 2026 at 10:06 AM
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Data Center Development Shifts Toward Urban Hubs as Dallas Developer Secures $2 Billion Funding
Image Source : brookings.edu
Technology•
April 21, 2026 at 10:02 AM

Data Center Development Shifts Toward Urban Hubs as Dallas Developer Secures $2 Billion Funding.

DataBank has secured $2 billion in financing to build AI-focused data centers near Dallas, reflecting a strategic shift from remote mega-campuses to urban "inference" facilities closer to end-users.

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