AI data centre race builds US$1 trillion lease burden for Big Tech

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Oracle has the largest apparent concentration risk.

AI data centre race builds US$1 trillion lease burden for Big Tech
Microsoft, Meta Platforms, Oracle, Amazon and Alphabet have ⁠committed about US$1.09 ⁠trillion ($1.55 trillion) in future payments under leases that have not yet begun, mostly for data centres needed to power the artificial intelligence boom. The commitments show that a substantial ...

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