https://arstechnica.com/information-technology/2024/09/100-billion-ai-infrastructure-fund-launched-by-microsoft-blackrock-uae-firm/

If you haven't noticed by now, Big Tech companies have been making plans to invest in the infrastructure necessary to deliver generative AI products like ChatGPT (and beyond) to hundreds of millions of people around the world. That push involves building more AI-accelerating chips, more data centers, and even new nuclear plants to power those data centers, in some cases.