Breaking down the costs, companies building out AI data centers estimate the cost to be around $10 million and $20 million per megawatt for AI optimized data centers. Meanwhile, the hyperscalers, companies that are building out data centers to then rent out the compute housed inside to other AI companies, are looking at $45 to $55 billion per gigawatt. It not just the building that eats costs, but the intense setup that inside, including cooling, water, plus whatever the land underneath the data...

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