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The US AI data center boom is consuming capital, power, and people that the rest of the economy needs, and is crowding out Trump's manufacturing revival plans (Bloomberg) from Techmeme RSS feed.
The US AI data center boom is consuming capital, power, and people that the rest of the economy needs, and is crowding out Trump's manufacturing revival plans (Bloomberg)
Bloomberg:
The US AI data center boom is consuming capital, power, and people that the rest of the economy needs, and is crowding out Trump's manufacturing revival plans — Spending on factory construction is down 2.5% so far this year, while that for data centers is up almost 18%.