AIThe Next Webabout 4 hours ago
AI power crunch drives data-centre borrowing boom
1 min read
AI's bottleneck has shifted from chips to power, sending builders to banks for billions. The four largest cloud firms will spend about $725bn on AI infrastructure this year, with Meta's $13bn Texas data centre among the costly sites. Analysts estimate $1.65tn in off-balance-sheet obligations.
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