CNBC: AI data center boom isn’t going bust but the ‘pause’ is trending at big tech companies feat. John Carrafiell
Despite concerns of a slowdown in AI-driven data center growth, BGO’s Co-CEO John Carrafiell emphasized that the market is far from a bust. In the CNBC article, Carrafiell described current conditions as a "reshuffling of the deck," highlighting that key players like Microsoft, Google, Meta, and Amazon plan to invest over $300 billion in AI infrastructure this year. Rather than retreating, companies are reallocating resources in a market constrained by the availability of power, fiber, water, and land — critical for data center development.
Carrafiell underlined that the long-term demand for AI and data centers remains robust, predicting that enterprise adoption will drive demand for at least the next decade. "We aren’t even in the first inning yet," he said, reinforcing BGO's confidence in the sector’s future growth trajectory despite temporary pauses.
