[Lalabadie]

The cynical take is getting more and more to be the only rational one:

The promised mega-data center deals are meant to boost valuations today, not serve tons of customers three years from now.

[_heimdall]

It seems pretty clearly inline with the dotcom bubble to me. Every company claims to be a leading AI company, those building infrastructure are promising the moon and getting 1/3 of the way there, and no one knows how to monetize it justify the hype or expense.

[jjordan]

oof, this bubble popping is gonna be brutal.