AI has taken on a hype of its own. Software companies feel compelled to extoll the wonders of their products' artificial intelligence aspects to say nothing of the ones making everything into generative AI.
But talk is cheap and building data centers for AI implementation is more complicated than raising money, making plans, and a ribbon-cutting. BlackRock's iShares recently released a report on AI and geopolitics. It also contains some observations about creating the infrastructure for AI that will have implications for the CRE property aspect.
The important part of the report for this aspect is the second one. The more demand for AI, particularly generative AI, the greater the need for materials, semiconductors, and energy.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.