-- Energy billionaire Sarath Ratanavadi, Thailand’s second-richest person, is accelerating his push into data centers to tap a booming market fueled by rising demand for cloud computing and artificial intelligence.China’s Finance Elite Face $400,000 Pay Cap, Bonus Clawbacks
“We set the expansion of the second phase now because we expect a surge in demand for our data center services,” Sarath said at the press conference in Bangkok. “A jump in AI adoption and cloud computing will substantially increase demand for our data center bandwidth.” Sarath has a net worth of $9.1 billion, making him Thailand’s richest person after property tycoon Charoen Sirivadhanabhakdi, according to the Bloomberg Billionaires Index.Musk’s Population Obsession Comes With a Dark HistoryThis dividend stock is sure to benefit from ongoing cuts in the key interest rate and is already seeing some major opportunities ahead. The post 1 Dividend Stock to Buy if the Bank of Canada Keeps Cutting Rates appeared first on The Motley Fool Canada.
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