I think you mean the data centers that we’re on the hook for. The Ai companies didn’t build the centers, private Equity did. Then the banks looked at all of that lease income and made lease backed securities. Don’t worry though, they’re not like mortgage backed securities, these are way more stable becuase the Ai companies will continue to grow forever!
I think you mean the data centers that we’re on the hook for. The Ai companies didn’t build the centers, private Equity did. Then the banks looked at all of that lease income and made lease backed securities. Don’t worry though, they’re not like mortgage backed securities, these are way more stable becuase the Ai companies will continue to grow forever!