At the recent World Economic Forum  in Davos, a reality long understood by infrastructure operators was stated plainly on the global stage. As articulated by Elon Musk , the limiting factor for artificial intelligence is no longer compute availability. It is power. That observation marks an inflection point—not because it is new, but because it has now entered the mainstream narrative. For those building at scale, this constraint has been visible for years. The Shift from Com

The global race to build AI infrastructure has triggered what looks, on the surface, like a data-center supercycle. New projects are announced weekly. Capacity targets grow larger by the month. Megawatts are promised freely and confidently. Yet beneath the headlines, a more uncomfortable reality is emerging: many of these facilities are not real data centers at all. As Jonathan Ross, CEO of Groq, who was recently acquired by NVIDA for $20BIL, bluntly put it in a recent inter