Real estate titan Ryan Serhant breaks down how tens of billions in tech and industrial investments are transforming Central Ohio into a prominent interior growth hub.
Tech companies are funneling hundreds of billions of dollars to develop artificial intelligence. Now, questions are mounting over whether the AI boom will transform the U.S. economy positively or negatively. Puck Founding Partner Bill Cohan and CNBC Fast Money Contributor Dan Nathan join Antonia Hylton to discuss.
Local backlash and reliability concerns are challenging the vision of an AI boom built quickly using large off-grid data centers. Why it matters: If giant projects stumble, trillions of dollars in AI investment and the industry's plans to rapidly expand data centers could be at risk. The big picture: In an effort to speed AI development, some companies are building data centers powered mainly by onsite generation rather than waiting years to connect to the electric grid. - There are 59 data centers with a combined capacity of about 90 gigawatts that plan to build their own power "behind-the-meter" using sources like gas turbines, generators and fuel cells, according to a report from research firm Cleanview. - A smaller subset is trying…
Local backlash and reliability concerns are challenging the vision of an AI boom built quickly using large off-grid data centers. Why it matters: If giant projects stumble, trillions of dollars in AI investment and the industry's plans to rapidly expand data centers could be at risk. The big picture: In an effort to speed AI development, some companies are building data centers powered mainly by onsite generation rather than waiting years to connect to the electric grid. - There are 59 data centers with a combined capacity of about 90 gigawatts that plan to build their own power "behind-the-meter" using sources like gas turbines, generators and fuel cells, according to a report from research firm Cleanview. - A smaller subset is trying…Open