The AI spending spree just keeps getting weirder
SMRTR summary
AI's massive spending spree has evolved beyond simply buying chips and building data centers, now reshaping entire industries as tech companies desperately seek power and infrastructure. Companies are acquiring energy developers, ordering supersonic jet turbines for power generation, creating $27 billion private debt deals, and funding rival AI theories simultaneously, transforming neighboring sectors into unwilling participants in the AI economy.
SMRTR provides this summary for quick context. The original article belongs to Quartz.
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