Data Centers in Nvidia’s Hometown Stand Empty Awaiting Power

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California, where the world’s biggest supplier of artificial-intelligence chips is based, Digital Realty Trust Inc. applied in 2019 to build a data center. Roughly six years later, the development remains an empty shell awaiting full energization. Stack Infrastructure, which was acquired earlier this year by Blue Owl Capital Inc., has a nearby 48-megawatt project that’s also vacant, while the city-owned utility, Silicon Valley Power, struggles to upgrade its capacity.Most Read from Bloomberg'Mr. Joburg' Reclaims Downtown From Decay, Building by BuildingCan a Waterfront Park Wake Up Downtown Seattle?A Housing Complex Designed to Tackle Loneliness Wins Britain’s Best BuildingStefanik Challenges Hochul for NY Governor After Mamdani VictoryICE Contract Would Help the Police Track Down Immigrant ChildrenDigital Realty’s SJC37 data center project in Santa Clara.Photographer: Jason Henry/BloombergThe fate of the two facilities highlights a major challenge for the US tech sector and indeed the wider economy. While demand for data centers has never been greater, driven by the boom in cloud computing and AI, access to electricity is emerging as the biggest constraint. That's largely because of aging power infrastructure, a slow build-out of new transmission lines and a variety of regulatory and permitting hurdles.And the pressure on power systems is only going to increase. Electricity requirements from AI computing will likely more than double in the US alone by 2035, based on BloombergNEF projections. Nvidia's Jensen Huang and OpenAI's Sam Altman are among corporate leaders that have predicted trillions of dollars will pour into building new AI infrastructure.“The demand has never been higher, and it's really a power-supply problem that we have,” Bill Dougherty, executive vice president for data center solutions at real estate brokerage CBRE Group Inc., said in an interview.The Santa Clara projects are relatively small compared with the massive complexes for large-language model AI developers, which are now being built in Texas, Pennsylvania, Louisiana and New Mexico, where the cost of electricity is lower but the power sources are often still works in progress.  The smaller centers serve local cloud clients who pay a higher price for real estate and power to reduce latency caused by long-distance transmissions — think high-frequency traders or autonomous-vehicle operators who need information in microseconds.CGU et Politique de confidentialitéPrivacy & Cookie SettingsMore InfoS&P 5006,848.22 +15.79 (+0.23%)Dow 3047,844.19 +475.56 (+1.00%)Nasdaq23,489.92 -37.26 (-0.16%)Russell 20002,461.92 +6.28 (+0.26%)VIX17.42 -0.18 (-1.02%)Gold4,119.30 -2.70 (-0.07%)PortefeuilleConnectez-vous pour accéder à votre portefeuilleSe connecterLes plus performantsETOR eToro Group Ltd. 42.07 +4.34 (+11.50%)BBAI BigBear.ai Holdings, Inc. 6.30 +0.59 (+10.33%)EWTX Edgewise Therapeutics, Inc. 20.25 +1.97 (+10.75%)APGE Apogee Therapeutics, Inc. 62.57 +5.80 (+10.22%)CWAN Clearwater Analytics Holdings, Inc. 18.35 +1.66 (+9.95%)Les moins performantsLIF Life360, Inc. 75.65 -17.65 (-18.92%)CRWV CoreWeave, Inc. 90.11 -15.50 (-14.68%)WULF TeraWulf Inc. 12.42 -1.88 (-13.15%)CENX Century Aluminum Company 28.25 -4.06 (-12.57%)BLTE Belite Bio, Inc 104.29 -13.05 (-11.12%)Les plus liquidesOPEN Opendoor Technologies Inc. 8.42 +0.45 (+5.59%)NVDA NVIDIA Corporation 194.28 -4.78 (-2.40%)BBAI BigBear.ai Holdings, Inc. 6.30 +0.59 (+10.33%)PLUG Plug Power Inc. 2.4900 -0.0700 (-2.73%)PFE Pfizer Inc. 25.14 +0.75 (+3.08%)Événements concernant les bénéficesÉvénements concernant mes bénéficesÉvénements concernant les bénéficesActions du momentCRWV CoreWeave, Inc. 89.95 -15.66 (-14.83%)BTC-USD Bitcoin USD 103,165.86 -2,306.94 (-2.19%)NBIS Nebius Group N.V. 104.10 -5.85 (-5.32%)APP AppLovin Corporation 600.23 -51.09 (-7.84%)NVO Novo Nordisk A/S 48.98 +3.04 (+6.63%)Principaux événements économiques