this post was submitted on 08 Jul 2026
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481
Almost Half of US Data Centers That Were Supposed to Open This Year Slated to Be Canceled or Delayed (futurism.com)
submitted 12 hours ago by FoxtrotDeltaTango@sh.itjust.works to c/technology@lemmy.world
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cross-posted from: https://lemmings.world/post/43676261

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[–] beep@piefed.world 6 points 4 hours ago* (last edited 4 hours ago) (2 children)

Actually, no.

Not at all:

The AI infrastructure buildout is entering a new phase: Tech companies are doubling down on AI.

Graph Source: Bloomberg.

US tech companies are committing to spend a record $850 billion on data center leases over the next several years.

This marks a +$570 billion YoY increase, or +204%, and +$200 billion QoQ increase, or +31%.

Meta, $META, added the most in Q1 2026, committing +$79 billion in new leases, a +76% QoQ increase, bringing its total to ~$183 billion.

At the same time, Microsoft, $MSFT, added +$41 billion, a +26% QoQ increase, bringing its total to ~$197 billion.

Oracle leads with the largest total commitments at ~$250 billion, having already secured many of the key sites needed to fulfill its contract with OpenAI.

Source: The Kobeissi Letter.

[–] hark@lemmy.world 5 points 3 hours ago

That's committed spend. What does that have to do with delayed or cancelled data center build-outs? Those commitments could be delayed or cancelled in the future as well. After all, the name of the game for this AI bubble has been to put up ridiculous numbers and keep increasing them, physical reality be damned.

[–] CombatWombat@feddit.online 6 points 4 hours ago

Oh beep. I'm glad you brought data and sources and it was well-researched but did it have to be bad news?