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Axios reports that venture capitalist Alex Davis is warning that a speculative rush to build data centers without committed tenants could trigger a financing crunch by 2027-2028.
“This critique is coming from inside the AI optimist camp,” notes Axios, as Davis’ firm, Disruptive, “recently led a large investment in AI chipmaker Groq, which then signed a $20 billion licensing deal with Nvidia. It’s also backed such unicorn startups as Reflection AI, Shield AI and Gecko…
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Axios reports that venture capitalist Alex Davis is warning that a speculative rush to build data centers without committed tenants could trigger a financing crunch by 2027-2028.
“This critique is coming from inside the AI optimist camp,” notes Axios, as Davis’ firm, Disruptive, “recently led a large investment in AI chipmaker Groq, which then signed a $20 billion licensing deal with Nvidia. It’s also backed such unicorn startups as Reflection AI, Shield AI and Gecko…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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