Companies are hoarding AI compute because of FOMO — and they're sitting on most of it

Tech Insider : Business
A view of a 49.5 megawatt three-level data center under construction on April 14, 2026 in Vernon, California. A surge in demand for AI infrastructure is fueling a boom in data centers across the country and around the globe. (Photo by Mario Tama/Getty Images)
New cloud usage data show that as companies pour billions into AI infrastructure, much of that computing power sits idle.

Mario Tama/Getty Images

What Allbirds needs to do to make its Hail Mary AI pivot succeed

Tech Insider : Business, Politics, Sports
Allbirds is trying to pull itself out of a financial tailspin by pivoting to AI.
Allbirds is trying to pull itself out of a financial tailspin by pivoting to AI.

Smith Collection/Gado/Getty Images

For crypto miners turned AI stars, the real test is about to come

Tech Insider : Business, Crypto, Style
A photo of a data center under construction
A Bitdeer Technologies cryptocurrency mining data center under construction in Massillon, Ohio.

Bloomberg/Getty Images; Tyler Le/BI

Tech investor Bill Gurley predicts a 'reset' for the AI boom: 'I just think we trip and run out of money'

Tech Insider : Business, Technology
Bill Gurley is wearing a blue-striped, button-down shirt while standing before a bright yellow step-and-repeat.
Bill Gurley, the Silicon Valley venture capitalist and a general partner Benchmark Capital, says AI can serve as "jet fuel" to a career.

Stephen Olker/Getty Images for SXSW

AT&T is pouring $250 billion into US telecom infrastructure to try to win in the AI age

Tech Insider : Business
An AT&T FirstNet truck in Utah.
AT&T serves more than 100 million customers across the US.

AT&T

CoreWeave says Nvidia has its back on data center financing

Tech Insider : Business
The CoreWeave company name and logo are displayed on digital billboards in Times Square
he CoreWeave company name and logo are displayed on digital billboards in Times Square during the company's IPO

Michael M. Santiago/Getty Images

Gruve raises $50 million to solve what its CEO calls AI's biggest problem: power

Tech Insider : Technology, Business
Gruve cofounder and CEO Tarun Raisoni, wearing a blue blazer and standing in front of a brown padded wall, with his hands in front of him.
Gruve cofounder and CEO Tarun Raisoni

Gruve

Emails show Bank of America's struggles with Nvidia AI: 'You have to help us as local car mechanics drive the race car!'

Tech Insider : Business, Technology
Jensen Huang gesturing with his hands onstage, wearing a black alligator jacket.
Nvidia president and CEO Jensen Huang

Patrick T. Fallon / AFP via Getty Images

Oracle investors have questions about its spending

Tech Insider : Business, Technology
racle's Executive Chairman of the Board and Chief Technology Officer Larry Ellison works behind a computer during his keynote address at Oracle OpenWorld in San Francisco
Oracle missed its quarterly revenue estimates, causing its shares to fall by more than 6% after hours.

REUTERS/Robert Galbraith

Oracle and OpenAI's second Stargate data center in Texas will be powered off the grid

Tech Insider : Business
Project Stargate Abilene
The first Project Stargate data center is under construction in Abilene, Texas.

Ronald W. Erdrich/Reporter-News / USA TODAY NETWORK via Imagn Images/Reuters

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