AI stock volatility raises concerns over data center expansion financing

The recent downturn in artificial intelligence stocks is introducing new levels of instability to the extensive construction of data centers across the United States. Jolienne Halisky, the CFO of AIB Data Centers, noted that lenders are currently re-evaluating risk, which could lead to increased financing costs and longer timelines for new projects, even as constraints persist regarding power, permitting, and chip supply. Halisky also provided insight into AIB Data Centers' specific plans for its inaugural facility in Texas and addressed concerns related to the company's anchor tenant, Nebius. Despite the current market turbulence, she expressed a belief that the recent volatility within the AI sector is likely to be temporary.