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Datacenter Demand Driven By AI... But Constrained By Power Shortages

The Register, Thursday, July 4th, 2024

Not content with drinking up all our water, now we'll compete with DCs for power

Demand for datacenter space is currently at a high in many markets around the globe because of the AI boom, despite issues with securing adequate power, at least according to commercial real estate firm CBRE.

Power shortages appear to be a common theme, listed as the top concern for bit barn operators across all regions (North America, Europe, Latin America and Asia-Pacific), while vacancy rates continue to decline across most global markets due to strong demand, the company says.

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