Singapore’s ‘Fomo’ amid the rise of the AI data centre

Singaporeans are a competitive bunch. One of the must-know Singlish words for those living in the city-state is kiasu. The Chinese Hokkien term roughly means a fear of missing or losing out and often refers to someone trying to get ahead of others. “Fomo on steroids” is how one Singaporean friend describes it. One of the best places to see this in action is the queues at lunchtime around stalls of the city-state’s favourite hawker food markets.

The proliferation of the energy-guzzling facilities had been consuming a substantial amount of Singapore’s resources. That ban helped push data centre companies into nearby Johor, the Malaysian state just across the causeway, and to a certain extent Batam, a close-by Indonesian island. The conundrum Singapore faces now — like many other countries — is that it grossly underestimated how demand for AI is going to expand the global market for data centres in coming years.

Source: Tech Daily Report (techdailyreport.net)

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