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Deep & Emerging Tech·July 28, 2026·1 min read

Hong Kong Data Center Loan Sale Shows Banks Hitting Sector Limits

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When banks are syndicating out Hong Kong data center loans to stay within exposure limits, the constraint is no longer just land and power—it’s lender balance sheets. Large AI infra projects will need more creative capital stacks and earlier conversations with non-bank financiers.

Deep & Emerging Tech

GlobalFoundries says the US plans to award it $300M in CHIPS Act funding to bolster R&D of silicon photonics tech to power more efficient AI data centers

$300M of CHIPS Act money into GlobalFoundries silicon photonics—per [Reuters](https://www.reuters.com/world/china/us-award-globalfoundries-300-million-develop-faster-ai-chip-links-2026-07-29/)—is a bet that interconnect, not just GPUs, is the next AI data center choke point. If you’re planning multi-year AI infra, start asking vendors about photonics roadmaps and how they’ll change bandwidth, power, and topology assumptions.