AI companies are pouring tens of billions of dollars into enormous data centers. They're being built on top of a mountain of hidden debt.
AI Is A Money Trap
In the last week, we’ve had no less than three different pieces asking whether the massive proliferation of data centers is a massive bubble, and though they, at times, seem to take the default position of AI’s inevitable value, they’ve begun to sour on the idea that
AI Data Centers: Big Tech's Impact on Electric Bills, Water, and More via @ConsumerReports
Massive data centers are gobbling up resources across the United States. The boom has just begun—and you may be paying for it.
Spending on AI Is at Epic Levels. Will It Ever Pay Off?
Tech companies are pouring hundreds of billions into data centers, taking on heavy debt, but current revenue is relatively tiny. Critics warn of a new dot-com bubble.
SPVs, Credit, and AI Datacenters
How a new credit bubble is building in AI data centers
We All Hate AI, but if You’re Poor, It Can Really Ruin Your Life
Debt collection. Parole decisions. Oversight of public services. It’s all being outsourced to AI, with terrible consequences for poor people.
Five US tech giants' hidden debts soar to $1.65tn on opaque AI funding
Data center leases, GPU supply contracts raise liabilities at Meta, Oracle, Nikkei study shows
Stop the AI Build-Out, Start the Fight
Across the country, working-class communities are rising up against Big Tech’s data center boom. A moratorium isn’t the end goal — it’s the only leverage we have to force real democratic control over artificial intelligence.
Companies Are Throttling Employees’ AI Use Because It’s Too Expensive
Sources and leaks from Amazon, Adobe, Atlassian, Citi, and more show what is really happening with AI right now: companies are trying to rein in AI use as costs spiral out of control.
Inside the Dirty, Dystopian World of AI Data Centers
The race to power AI is already remaking the physical world.
AI is probably not a bubble
AI companies have revenue, demand, and paths to immense value
AI is probably not a bubble
AI companies have revenue, demand, and paths to immense value
Dark Cloud Gathers as Bill Comes Due for AI Industry
AI companies are finding they can no longer sustain footing the bill of their heavily vibe coding customers.
How a 40-Minute Window Brought Down a $10 Billion AI Startup: The Mercor Data Breach, Explained
A poisoned open-source package, a credential-stealing payload, and 4 terabytes of stolen data here’s what every AI company needs to learn…
Big Tech’s A.I. Spending Is Accelerating (Again)
Despite the risk of a bubble, Google, Meta, Microsoft and Amazon plan to spend billions more on artificial intelligence than they already do.
Companies That Replaced Humans With AI Are Realizing Their Mistake
As AI agents have yet to pay for themselves, more and more executives are waking up to the sloppy reality of AI hype.
The Race to Rethink Data Centers for AI’s Power Surge
With energy demand already straining infrastructure, AI players are reimagining the data center from the ground up.
