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Alibaba's Tsai Warns of 'Bubble' in AI Data Center Buildout
Alibaba Chairman Joe Tsai has warned of a potential bubble forming in data center construction, arguing that the pace of that buildout may outstrip initial demand for AI services. From a report: A rush by big tech firms, investment funds and other entities to erect server bases from the US to Asia i...
Alibaba Chairman Joe Tsai has warned of a potential bubble forming in data center construction, arguing that the pace of that buildout may outstrip initial demand for AI services. From a report: A rush by big tech firms, investment funds and other entities to erect server bases from the US to Asia is starting to look indiscriminate, the billionaire executive and financier said. Many of those projects are built without clear customers in mind, Tsai told the HSBC Global Investment Summit in Hong Kong Tuesday.
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