The billion-dollar infrastructure deals powering the AI boom
It takes a lot of computing power to run an AI product – and as the tech industry races to tap the power of AI models, there’s a parallel race underway to build the infrastructure that will power them. On a recent earnings call, Nvidia CEO Jensen Huang estimated that between 4 trillion will be spent on AI infrastructure by the end of the decade – with much of that money coming from AI companies themselves. Along the way, they’re placing immense strain on power grids, and pushing the industry’s bui ...