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Nvidia stopped funding the AI boom alone, Saudi banks cannot fund theirs, and 500 US towns have banned the buildings
['Alina Maria Stan', 'Story By']
The Next Web
Three developments in 48 hours point to the same shift: the binding constraints on AI infrastructure are now capital and consent, not chips.
KKR earmarked part of a $192 billion infrastructure fund for Gulf technology buildouts last week, and is also among Nvidia’s six.
Americans are “on fire” against data centres, a Republican senator told Semafor, which makes this a bipartisan problem rather than a partisan one.
The White House has largely stayed out of it, with the president referring to data centres as “Money Machines.”
A $1 billion community fund against a $500 billion financing platform gives you the ratio.