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Nokia CEO says data centres would go up twice as fast if supply allowed

Justin Hotard, who ran Intel's data centre and AI group before Nokia hired him, says nothing about the present pace counts as overbuilding, while Bain puts the revenue needed to pay for it at $6T a year by 2031 and a Brookings paper puts the bill at $10.3T

TM

Tarun Mottlia

Via TNW | Artificial-intelligence

·Excerpt
Nokia CEO says data centres would go up twice as fast if supply allowed
Image: Nokia sues Amazon, HP over video patent infringement Credit: Nokia

Nokia’s chief executive Justin Hotard says the industry would build data centres twice as fast if memory and energy supply allowed, and that demand would hold even without a new frontier model for three years. Bain and a paper presented at the Brookings Papers on Economic Activity both question whether the revenue exists to pay for what is already being built.

Nokia’s chief executive says the industry would build data centres twice as fast if it could. Justin Hotard told…

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