0
Applied AI·August 17, 2026·1 min read

AI Buildout Entering a Riskier Phase, Says Parnassus CIO

Share

When a long-only CIO starts talking about 'limits of the physical world,' the AI trade has moved from pure compute to power, land, and supply-chain risk. If you're budgeting multi-year AI capex, you now have to underwrite grid, permitting, and construction timelines with the same rigor as model roadmaps.