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

Elon Musk's xAI plans to supply AI computing power to coding startup Cursor

Tech Insider : Technology, Business, Style
Elon Musk and Michael Truell
xAI CEO Elon Musk and Cursor CEO Michael Truell.

Fabrice COFFRINI / AFP via Getty Images and Kimberly White/Getty Images for Fortune Media

Nebius CEO Arkady Volozh explains why his blockbuster Meta deal isn't the endgame

Tech Insider : Business
Arkady Volozh, CEO and founder of Nebius.
Arkady Volozh, CEO and founder of Nebius.

Toby Melville/REUTERS

Nvidia is getting in on the OpenClaw craze with its own spin on the AI agent: NemoClaw

Tech Insider : Business, Technology
Jensen Huang announces the creation of an Nvidia OpenClaw stack
Nvidia CEO Jensen Huang heaped praise on OpenClaw, which has taken Silicon Valley by storm.

Josh Edelson/AFP/Getty Images

Nvidia expects to sell $1 trillion in AI chips through 2027 — and it's pushing further into inference

Tech Insider : Business, Technology
Nvidia cofounder and CEO Jensen Huang onstage in a shiny black jacket with bright lights behind him.
Nvidia cofounder and CEO Jensen Huang

Patrick T. Fallon / AFP via Getty Images

Nvidia's rivals are multiplying. These are the key competitors trying to break its grip.

Tech Insider : Business, Technology
Cerebras CEO Andrew Feldman, Nvidia CEO Jensen Huang, and AMD CEO Lisa Su
Cerebras CEO Andrew Feldman, Nvidia CEO Jensen Huang, and AMD CEO Lisa Su.

Stefanie Keenan/Getty Images for Village Global; Tsai Hsin-Han/Reuters; Kimberly White/Getty Images for Wired

4 burning questions hanging over Nvidia's GTC summit next week

Tech Insider : Business, Technology
Nvidia CEO Jensen Huang speaking at an event.
Nvidia cofounder and CEO Jensen Huang.

Caroline Brehman / AFP via Getty Images

OpenAI's record funding is essentially everyone against Google in the AI race

Tech Insider : Business
Sam Altman
OpenAI CEO Sam Altman.

Andrew Harnik/Getty Images

There's been a surge in AI use recently. Here's what's behind it.

Tech Insider : Business, Technology
OpenClaw logo
The OpenClaw logo on a smartphone

Samuel Boivin via Reuters Connect

AI has been all about GPUs. That's changing fast.

Tech Insider : Business, Technology
Nvidia founder and CEO Jensen Huang speaks during Nvidia Live at CES 2026 ahead of the annual Consumer Electronics Show in Las Vegas, Nevada, on January 5, 2026. (Photo by Patrick T. Fallon / AFP via Getty Images)
Nvidia CEO Jensen Huang

Patrick T. Fallon / AFP via Getty Images

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