AI data center demand ‘unabated’ despite stock selloff, industry banker says
As fears mount that the artificial intelligence (AI) bubble has popped, Wall Street dealmaking is being kept alive by a fundamental problem: bitcoin BTC$87,497.82 miners and data center developers still require serious amounts of power. “M&A work is still ongoing as people still need power,” said Joe Nardini, head of investment banking at B. Riley...
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