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

Amazon's AI boom is creating a mess of duplicate tools and data inside the company

Tech Insider : Business, Technology
Amazon CEO Andy Jassy
Amazon CEO Andy Jassy.

Andrej Sokolow/picture alliance via Getty Images

Amazon creates 'Project Houdini' to make data center delays disappear

Tech Insider : Business, Environment
Matt Garman AWS CEO
Matt Garman AWS CEO

Noah Berger/Getty Images for Amazon Web Services

Fireworks AI CEO explains why AI's infrastructure can't keep up with rampant demand

Tech Insider : Business, Technology
Lin Qiao, CEO of Fireworks AI
Lin Qiao, CEO of Fireworks AI

Fireworks AI

OpenAI's Sora decision is all about AI compute

Tech Insider : Business, Environment
OpenAI CEO of Applications Fidji Simo
OpenAI CEO of Applications Fidji Simo

JOEL SAGET/AFP via Getty Images

Snowflake makes cuts as part of 'targeted adjustments' to the company's strategy

Tech Insider : Business, Technology
Snowflake CEO Sridhar Ramaswamy
Snowflake CEO Sridhar Ramaswamy.

Tasos Katopodis/Getty Images for Semafor

Amazon orders 90-day reset after code mishaps cause millions of lost orders

Tech Insider : Business, Technology
An Amazon warehouse and delivery trucks
An Amazon warehouse and delivery trucks

Ying Tang/NurPhoto via Getty Images

How Big Tech data centers become a military target during the war in Iran

Tech Insider : Economy, Business, Technology
Dubai data center strikes
Jebel Ali port was also hit during an Iranian attack.

Raghed Waked/Reuters

Amazon's cloud reboot shows the future of consulting in the AI era

Tech Insider : Business, Technology
AWS CEO Matt Garman
AWS CEO Matt Garman

Noah Berger/REUTERS

Amazon says 3 data centers were damaged by drone strikes in the Middle East

Tech Insider : Business, Environment
Matt Garman AWS CEO
Matt Garman AWS CEO

Noah Berger/Getty Images for Amazon Web Services

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