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0.000260445734271124 -0.00130222867135456 -0.00208356587416751 -0.00729024816757808 -0.00442757748260594 -0.00409197455073096 -0.00286490307698025 -0.00621349108903508
Stock impact report

Alibaba's chairman is warning about an AI data center bubble. Here's why [Yahoo! Finance]

Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA) 
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: alibabagroup.com/en/ir/home
Company Research Source: Yahoo! Finance
Alibaba ( BABA ) chairman Joe Tsai said that AI data center construction may overtake demand for the technology and that the rush to set up server projects is being made without fully considering customers, according to Bloomberg. “I start to see the beginning of some kind of bubble,” Tsai said during the HSBC ( HSBC ) Global Investment Summit in Hong Kong on Tuesday. “I start to get worried when people are building data centers on spec. There are a number of people coming up, funds coming out, to raise billions or millions of capital.” Tsai reportedly added that some data center projects have started raising funding without customer contracts and that he's “still astounded by the type of numbers that's being thrown around in the United States about investing into AI.” “People are talking, literally talking, about $500 billion, several hundred billion dollars,” Tsai said. “I don't think that's entirely necessary. I think, in a way, people are investing ahead of the demand that Show less Read more
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