Jeff Hassemer breaks down why AI companies are spending massive amounts on infrastructure. SoftBank is building a 5-gigawatt data center in France, Microsoft just landed a $9.69 billion Pentagon contract, and the sector has raised roughly $80 billion in equity worldwide. The money is flowing to energy and computing power as companies compete to scale.
we're behind on infrastructure, but infrastructure is being built across the globe now. SoftBank is buying into a, a 5-gigawatt data center in France. It's huge. I think it's the size of like 4 football fields, something like that. Uh, $80 billion in equity raised, uh, for AI infrastructure globally. Um, and the largest single Microsoft government contract ever at $9.69 billion for the Department of Defense. So the money's going into AI and infrastructure now, and infrastructure, and that includes energy and other places like that. That's where it needs to be spent to get the capacity on these things. I don't think this slows down. I just don't. I think that you're going to see more and more of this as things go forward. So quite a week. You know, there's a race to public markets. The investment keeps getting just undoubtedly huge.
