#tech-capital-expenditure

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#datacenter-expansion #stargate-initiative #financing-challenges #cloud-infrastructure #ai-investment-bubble
Tech industry
fromTheregister
1 week ago

OpenAI and Oracle reportedly abandon TX Stargate expansion

OpenAI and Oracle abandoned plans to expand the Stargate datacenter in Texas from 1.2 to 2 gigawatts due to financing challenges and demand forecasting difficulties, with Meta now potentially leasing the unused capacity.
World news
fromwww.aljazeera.com
5 months ago

IMF says AI investment bubble could burst, comparable to dot-com bubble

The US AI investment boom may be a bubble that could burst without causing a systemic US or global financial crisis.
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