Right now in the US, 47 large AI data centers have been canceled or shelved, and AI companies that were borrowing heavily to stockpile Nvidia chips are facing bankruptcy risks as interest rates soar to 15% annually. Everyone believed that "AI data centers would be built
47 US AI Data Centers Canceled or Shelved
A post claims 47 large US AI data centers have been canceled or shelved, as heavily indebted AI firms that stockpiled Nvidia chips face bankruptcy risk with interest rates near 15% annually.