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The data center bubble: Blackstone private equity.

Posted on June 2, 2025 by jgordon

https://www.nytimes.com/2025/06/02/business/ai-data-centers-private-equity.html

Reminds me of “dark fiber”. Overbuilt during .com bubble. I think much was used before it was technically obsolete.

Big tech usually leases rather than owns, not clear who Blackstone will sell them to.

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