AI Data Center Boom: $38 Billion Fuels Oracle & OpenAI

JPMorgan Chase and Mitsubishi UFJ are backing a near $38 billion deal to build massive data centers in Texas and Wisconsin for Oracle to power OpenAI's AI systems, potentially marking one of the largest AI infrastructure investments ever. As demand for AI computing power explodes, this deal highlights the competitive race for data center space, but analysts warn about the risks of overheating and the need to monitor the health of these massive investments amid evolving technology and market fluctuations. Hosted on Acast. See acast.com/privacy for more information.