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$500M Mystery Seller: Who’s Dumping Data-Center Loans After AI Stock Crash?

By Lockridge Okoth

A mystery seller is dumping $500M in data center loans, including Stargate debt, as AI stocks crash. Bids close Nov. 19. The post $500M Mystery Seller: Who’s Dumping Data-Center Loans After AI Stock Crash? appeared first on BeInCrypto.

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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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