Major data center company pauses investment decisions in Middle East amid Iran war, CEO tells CNBC

CNBC Top News ·

Major data center company pauses investment decisions in Middle East amid Iran war, CEO tells CNBC

A major data center company has paused investment in AI infrastructure projects and data centers in the Middle East amid the Iran war, its CEO has told CNBC. …

A major data center company has paused investment in AI infrastructure projects and data centers in the Middle East amid the Iran war, its CEO has told CNBC. As oil prices have skyrocketed and supply chains have been heavily disrupted by conflict in the region, the future of huge digital infrastructure plans in the Middle East has become uncertain. Assets in the region have become military targets and shortages are predicted for key materials needed for the AI infrastructure buildout. …

Original source: CNBC Top News