Bank of England Probes AI-Driven Data Center Lending

[johnblockbuster]

The Bank of England (BOE) has launched an investigation into the surge of financiers lending to data centers as a speculative play on the AI boom, Bloomberg reports.
The BOE fears that debt-financed AI infrastructure could create systemic risks if lofty tech valuations crash — similar to the early 2000s dot-com bubble.
McKinsey estimates $6.7 trillion will be needed by 2030 to meet data power demands.