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UBS CEO warns of AI infrastructure delays due to political changes

BeInCrypto +1 · ·by G4L

UBS UBS Group AG
$48.96 +2.47%
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  1. 1UBS CEO Sergio Ermotti warned that political developments in the United States could trigger a slowdown in capacity construction.
  2. 2ConstructConnect recorded $9.4 billion in new data center construction starts in September.
  3. 3The U.S. Census Bureau reported that total U.S. construction spending fell 1.9% annually to $2.19 trillion in September.

So what's the key point?

There is a warning that the pace of building artificial intelligence facilities could slow down as the political situation in the United States changes. Data center construction starts reached $9.4 billion in September.

Source BeInCrypto +1 · View original ↗

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