AI Data Centres

AI data centres are where compute commitments become concrete: leases, power contracts, construction and the financing behind them. This is also where crypto and AI infrastructure have converged, as mining operators convert sites and power agreements to AI hosting.

What we track on this desk

Leases and offtake. Multi-year commitments, which are the firmest signal of real demand.
Financing structures. Who is lending, against what, and on what terms.
Power. Grid connections and generation deals, usually the binding constraint.
Miner conversions. Bitcoin operators repurposing sites, tracked with Mining.

How to read a data-centre story here
Announced capacity and contracted capacity are routinely reported in the same sentence, and they are not the same thing: a memorandum of understanding, a signed lease and an energised facility are three different states. Our stories name which one a figure describes.
Very large financing numbers are also the most likely to be single-sourced. The publisher count on each story is there so a headline figure that only one newsroom has stands out as exactly that.

Where to go next
See Semiconductors for supply, Nvidia for the accelerators, or Mining for the conversions.

Nvidia
Semiconductors
Mining
AI