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Data Center Boom Brings Risks of Overbuilding, Ares’ Says
Ares and peers plan over $8 billion in equity for global AI-driven data centers amid concerns of sector overcapacity, raising $2.4 billion in the first half, sources say.
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Data center boom brings risks of overbuilding, Ares says
The flood of capital pouring into AI infrastructure is raising the risks of overcapacity as the world’s biggest investors look to cash in on the artificial intelligence boom, according to Ares Management Corp. Co-President Kipp deVeer. “If you look historically in areas like this over the past 20 or 30 years, typically when this much capacity comes online, some of it at the end of the day has to be marginal,” deVeer said, speaking on the sideli…
·New York, United States
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Data Center Boom Brings Risks of Overbuilding, Ares’ Says
The flood of capital pouring into AI infrastructure is raising the risks of overcapacity as the world’s biggest investors look to cash in on the artificial intelligence boom, according to Ares Management Corp. Co-President Kipp deVeer.
·New Delhi, India
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