@lilithsaintcrow I tend to agree with this blog entry by Sequoia Capital: https://www.sequoiacap.com/article/ai-optimism-vs-ai-arms-race/
It's an arms race among the FAANGs for dominance of the data centre market. They can't afford to let their enemies win, so they're throwing money away on infrastructure nobody actually has a convincing business use for. Playing "beggar my neighbour", basically.