Tech’s data-center spending is racing ahead of AI earnings, writer says

jonippolito · x · 2026-07-23

The post asks whether the huge amounts tech companies are spending on data centers are really a bet on the future, or a cover for something less popular.

The author says they ran the numbers, pointing to a widening gap between massive infrastructure spending and still-sparse AI earnings. The framing is less about a single company and more about the economics of the AI build-out.

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