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

The AI data center boom is moving closer to cities — and this Texas developer just raised $2 billion to bet on it

Tech Insider : Business, Technology
The Stargate AI data center under construction in Abilene, Texas, US
Texas is becoming a hot spot for AI data centers, including mega-campuses like Stargate in Abilene.

Bloomberg/Getty Images

Meta fast-tracks fiber technician training to solve a major data center bottleneck

Tech Insider : Business
A fiber technician pulls cable at a data center.

Meta

A talent CEO says data centers are a 'massive opportunity' for office workers to pivot mid-career

Tech Insider : Economy, Business, Technology
Carrie Charles Broadstaff
Carrie Charles is the CEO of Broadstaff, a recruiting and staffing agency.

Carrie Charles

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

Data center executives fret over the industry's increasingly toxic public image

Tech Insider : Business, Climate Crisis, Economy
Women protesting data centers
Data center projects are running into resistance from communities and politicians across the country.

Jim West/UCG/Universal Images Group via Getty Images

Maine is poised to ban new data centers. These 11 other states tried and failed.

Tech Insider : Politics, Economy, Business
Active servers are seen at a Digital Realty data center in Ashburn, Virginia on November 12, 2025.
The data center infrastructure boom has taken off across the country as it meets local resistance.

ANDREW CABALLERO-REYNOLDS / AFP via Getty Images

The Midwest's rise to America's second-biggest data center hub is fueled by these key states

Tech Insider : Economy, Business
Meta data center Wisconsin
Construction for a Meta data center campus is underway in Beaver Dam, Wisconsin.

Joe Timmerman/Wisconsin Watch via Getty Images

Citi is stepping up its data center financing push — and aiming to close the gap with Wall Street rivals

Tech Insider : Business, Crypto, Technology
Headshot of Achintya Mangla
Achintya Mangla

Citi

An entrepreneur is transforming a Cold War-era nuclear silo into an underground data center. Look inside.

Tech Insider : Travel, Business
Panoramic view from the top of the silo.
Halik's decommissioned nuclear silo is 165 feet deep.

Nuclear Bunker Living/YouTube

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