"The problem is that the driving force behind the #datacenter boom isn't the #AI researchers, it is the #realestate people."
"ChatGPT came out in 2022, and the Chinese government declared AI infrastructure a national priority. Over 500 new data centres were announced in 2023 and 2024. Private investors went all-in.
Demand for the #datacentres turns out not to be there. Around 80% are not actually in use. [MIT Technology Review]"
https://pivot-to-ai.com/2025/04/04/china-massively-overbuilds-empty-ai-data-centres/
