Sources: JPMorgan Chase and other banks struggled to spread the risk of billions in loans they made for data centers leased to Oracle in Texas and Wisconsin (Wall Street Journal)

TechMeme
Generative AI

Wall Street Journal: Sources: JPMorgan Chase and other banks struggled to spread the risk of billions in loans they made for data centers leased to Oracle in Texas and Wisconsin - The AI boom has hit a funding snag, compounding power constraints and a growing public backlash against data centers