Learn more about Bitzero (NASDAQ:AIBZ): https://www.marketbeat.com/y/yt1017/
AI stocks are selling off hard this week, and data center companies have been hit the hardest. Shark Tank’s Kevin O’Leary, aka Mr. Wonderful, is building one of the largest data center projects in the U.S., and he joins MarketBeat’s Bridget Bennett to explain what’s really happening behind the AI infrastructure story.
Kevin breaks down the two AI investment areas he’s most bullish on for the next five years: power and compute. He also shares what it actually costs to build a data center today, roughly $16 billion for a single large project, and why demand for compute is still about three times what’s available. And he explains why he believes 60 to 65% of announced data center projects will never get built, and what that means for investors trying to pick the winners.
He also covers the political fight over data centers ahead of the midterms, why he treats data centers like real estate, and how he’s spreading his own bets across four countries. Plus, his advice for retail investors who are nervous about AI right now.
Disseminated on behalf of Bitzero Holdings Inc. (NASDAQ:AIBZ).
Learn more at the company website: https://bitzero.com
Disclosure/Disclaimer: We are not securities dealers or brokers, investment advisers or financial advisers, and you should not rely on the information herein as investment advice. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information. Investing in securities, particularly microcap securities, is speculative and carries a high degree of risk. This video was conducted on behalf of Bitzero Holdings Inc., and was funded by Think Ink Marketing. For our full disclaimer, please visit: https://tomorrowinvestor.com/bitzero-the-seven-biggest-names-in-ai-need-power-now/#disclaimer
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Bridget Bennett, Host
Digital Media Producer, MarketBeat
Always the talker, Bridget Bennett turned her passion for people and sharing stories into a career in communications. She started working as a journalist in high school at her local county paper in Ellendale, North Dakota. After moving to Dallas for college at Southern Methodist University, she quickly fell in love with visual storytelling and started her career as a news anchor and reporter.
Bridget brings her 12 years of experience in broadcast writing and video production to the MarketBeat content team. She's also an energetic, creative thinker and lifelong learner, so she's always bringing new ideas. Bridget is thrilled to be part of an innovative team that is constantly looking to create useful content people can connect with.
When she's not working, Bridget is a busy mom of three and can be found at just about every activity or outing in town. She is also an adoption and foster care advocate and helps support foster children and families through her nonprofit volunteer work. She and her husband, Jason, grew up together and have spent their lives exploring the world through travel, hiking and ministry.
Kevin O’Leary, Guest
Businessman and entrepreneur, Bitzero Holdings Inc.
Since 1954 and throughout his extensive and
successful career, Kevin O’Leary has explored
various business sectors, appeared on popular TV
shows, founded multiple brands, and lived life
wonderfully. Everything he does is done with
passion, excitement, and the utmost enthusiasm.
