Some U.S. REITs will benefit from data centre demand: portfolio manager bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
AI s rapid growth is driving an "absurd" demand for data centers, highlighting the need for significant investments in infrastructure and power grid upgrades.
(Bloomberg) The world is “grossly” underestimating how much the demand for artificial intelligence is going to expand the global market for data centers over the next five years, according to the co-founder of the cloud-computing unicorn CoreWeave. Most Read from BloombergTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionS&P 500 Falls 1% as Oil Jump Spurs Flight to Bonds: Markets WrapApple Explores Home Robotics as Potential ‘Next Big Thing’ After Car FizzlesBiden Tells Netanyah