US SPEED Act: AI Infrastructure Race vs China

The United States has passed the “SPEED Act,” a massive legislative push to accelerate AI infrastructure development and counter China’s tech dominance. The act streamlines permitting for chip fabs and data centers.

For neutral nations like Sri Lanka, this intensifies the competition for hosting offshore data centers. Tech analysts believe Sri Lanka can leverage its renewable energy potential to attract investments from both blocs, positioning itself as a “green data” haven in the middle of this technological cold war.

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