In Santa Clara, Calif., where the world’s biggest supplier of artificial-intelligence chips is based, Digital Realty Trust Inc. applied in 2019 to build a data center. Roughly six years later, the development remains an empty shell awaiting full energization. Stack Infrastructure, which was acquired earlier this year by Blue Owl Capital Inc., has a nearby 48-megawatt project that’s also vacant, while the city-owned utility, Silicon Valley Power, struggles to upgrade its capacity.
Well regular households have had had six PG&E rate hikes this year (thanks Gavin) so whatever our for shareholder profit utility company is doing the working class is paying for
jaykrown@lemmy.world 10 hours ago
If you ever needed a solid fact to prove this is a massive bubble, here it is.
Zwuzelmaus@feddit.org 10 hours ago
I guess this was the part that matters.