'A lot of this is speculative': faith and fear mix amid 3tn global datacentre boom

Several new sites such as this are in the pipeline in the UK. Several new sites such as this are in the pipeline in the UK. 'A lot of this is speculative': faith and fear mix amid $3tn global datacentre boom The global investment spree in artificial intelligence is producing some remarkable numbers and a projected $3tn (£2.3tn) spend on datacentres is one of them. These vast warehouses are the central nervous system of AI tools such as OpenAI's ChatGPT and Google's Veo 3, underpinning the training and operation of a technology into which investors have poured vast sums of money. Despite concerns that the AI boom could be a bubble waiting to burst, there are few signs of it at the moment.