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Investors dump data centre bonds as AI borrowers face ‘Darwin moment’

Debt issued by AI infrastructure providers and neocloud companies has sunk towards stressed territory

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Artificial intelligence

Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.

AI is changing work, media and public services, raising questions about jobs, safety and regulation.

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Data centre

A facility that houses large numbers of servers and networking equipment to store and process data.

Data centres use large amounts of electricity and water, which makes their location a local and climate issue.

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