• Avid Amoeba@lemmy.ca
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    22 hours ago

    They’re gonna get some finance bros to take on debt to build the DC for them. So the fact that they can’t afford isn’t an immediate problem. If the debt is incurred and spent on the DC however, and there’s no revenue… then the chickens come home to roost.

    • Alex@lemmy.ml
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      18 hours ago

      Google, who are not short of a few bob, raised $25B in bond issues so they can keep up with AI build out. All of big tech seen terrified they will be left behind if they don’t have oodles of floating point compute on tap.