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Deep & Emerging Tech·September 18, 2026·1 min read

Most of what you know about data centers is wrong

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If your mental model of data centers is still “just racks in a warehouse,” you’re going to misprice AI infrastructure risk—power, cooling, and siting now dominate the economics. Boards and CFOs should demand updated assumptions on utilization, energy contracts, and build-vs-lease before signing the next GPU-heavy commitment.