AI Selloff Exposes Data Center Boom Risks
The selloff in AI stocks is adding new uncertainty to the massive buildout of data centers across the US. Jolienne Halisky, CFO of AIB Data Centers, says financing for new projects could become more expensive and take longer as lenders reassess risk, while permitting, power and chip availability remain constraints. She joins Bloomberg Businessweek Daily to discuss her company's plans for its first Texas data center, concerns surrounding its anchor tenant Nebius, and why she believes the recent AI market rout will prove temporary. (Source: Bloomberg)