20250404 - China massively overbuilds empty AI data centres

Pivoting from real estate Text version: https://pivot-to-ai.com/2025/04/04/china-massively-overbuilds-empty-ai-data-centres/ China built hundreds of AI data centers to catch the AI boom. Now many stand unused https://www.technologyreview.com/2025/03/26/1113802/china-ai-data-centers-unused/ Tumbling prices end China's AI data center binge https://www.lightreading.com/ai-machine-learning/tumbling-prices-end-china-s-ai-data-center-binge Exclusive: ByteDance plans $20 billion capex in 2025, mostly on AI, sources say https://www.reuters.com/technology/bytedance-plans-20-billion-capex-2025-mostly-ai-sources-say-2025-01-23/ How Malaysia's data centres became the engine powering China's AI ambitions https://www.thestar.com.my/tech/tech-news/2025/04/03/how-malaysias-data-centres-became-the-engine-powering-chinas-ai-ambitions Previously on Pivot to AI: DeepSeek slaps OpenAI, tech stocks crash https://pivot-to-ai.com/2025/01/28/deepseek-slaps-openai-tech-stocks-crash/ Buy me nice things: https://www.amazon.co.uk/hz/wishlist/ls/3Q8VZW46J6DM6 Please send money! It's very helpful! Patreon: https://www.patreon.com/davidgerard Ko-Fi: https://ko-fi.com/A1529D5