This is just speculation but I think the people making these decisions are not really as interested in building these data centers as they were in planning/announcing them. They have to know it’s a bubble and many of these will become obsolete as the bubble pops and 90% of AI companies crash and burn.
Basically I think the entire economy is a pump-and-dump and announcing that you’re building a morbillion data centers inspires confidence in investors. Actually building them is less important.
This is just speculation but I think the people making these decisions are not really as interested in building these data centers as they were in planning/announcing them. They have to know it’s a bubble and many of these will become obsolete as the bubble pops and 90% of AI companies crash and burn.
Basically I think the entire economy is a pump-and-dump and announcing that you’re building a morbillion data centers inspires confidence in investors. Actually building them is less important.