AI data center tenants demand $5M daily penalties for late delivery

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Tenants of artificial intelligence data centers are now demanding penalties exceeding $5 million per day when power or facility delivery is late. These amounts are substantially higher than the roughly $1 million per day sought earlier this year. According to projections, only 50 to 60 percent of scheduled United States data-center capacity is expected to come online over the next one to two months. Delays are being driven by power availability constraints, permitting issues, equipment shortages, and construction delays. In Louisiana, Governor Jeffrey M. Landry and the state legislature could consider a moratorium or other measures to pause certain projects.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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