/tags/making-things/Recent content in Making Things on JKTDEV.CO.UKHugoen-usMon, 19 Oct 2026 16:10:03 +0100/posts/aipt5/Mon, 19 Oct 2026 16:10:03 +0100/posts/aipt5/<h1 id="ai-speculation-and-what-remains">AI, speculation, and what remains</h1> <p>There is a lot of noise around AI at the moment, and much of it is coming from the financial markets.</p> <p>Circular financing, pressure on bond markets, data centre cancellations, heavily indebted infrastructure providers and difficulties securing enough electricity. Investors are asking harder questions about how the expansion is being financed and whether the expected returns will materialise. Recent reporting on <a href="https://www.axios.com/2026/10/21/ai-funding-neoclouds-debt">AI funding and neocloud debt</a> and <a href="https://www.ft.com/content/35cc5cc6-f9b6-49cc-8fc2-bd61e09c8c40">Microsoft’s cancellation of an Nscale data centre agreement</a> illustrates those concerns.</p>