Wall Street has turned AI’s power demand into a $61B bond market, up from about $4B in 2020.

What investors are really underwriting is access to electricity: tenant rent pays the bonds, but power costs, available megawatts and future retrofit needs determine how much cash is left.

https://cryptoslate.com/wall-street-is-turning-ais-massive-electricity-appetite-into-a-61-billion-bond-market/

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