AIFinancial Times2h ago
The US AI data center buildout is posing complex challenges
The US AI data center buildout is posing complex challenges to major lenders as they stretch themselves to finance, insure, and underwrite a novel asset class
TL;DRBanks struggle to finance AI data centers due to unfamiliar risks and huge capital needs.
Why it matters: Lending constraints could slow AI infrastructure growth and reshape how tech gets funded.
Wall Street players extending themselves to underwrite this colossal new asset class are looking to limit exposure.
Read full articleSource: Financial Times · Opens in new tab