Mr. Wonderful Warns Most AI Data Centers Will Shut Down (Here's Who Wins)

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AI stocks are selling off hard this week, and data center companies have been hit the hardest. Shark Tank's Kevin O'Leary, aka Mr. Wonderful, is building one of the largest data center projects in the U.S., and he joins MarketBeat's Bridget Bennett to explain what's really happening behind the AI infrastructure story.

Kevin breaks down the two AI investment areas he's most bullish on for the next five years: power and compute. He also shares what it actually costs to build a data center today, roughly $16 billion for a single large project, and why demand for compute is still about three times what's available. And he explains why he believes 60 to 65% of announced data center projects will never get built, and what that means for investors trying to pick the winners.

He also covers the political fight over data centers ahead of the midterms, why he treats data centers like real estate, and how he's spreading his own bets across four countries. Plus, his advice for retail investors who are nervous about AI right now.

Chapters: 0:00 Introduction 1:54 Advice for Investors During the AI Sell-Off 5:23 What It Takes to Build a Data Center 9:51 Why 65% Will Never Be Built 20:00 Are We Building Too Much AI Capacity? 25:45 Long-Term Outlook for Investors

View Bridget's Buys here: https://www.marketbeat.com/bridget 📲 Text 'YouTube' to 68285 for FREE SMS breaking news alerts on top stocks.

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Disseminated on behalf of Bitzero Holdings Inc. (NASDAQ:AIBZ).

Learn more at the company website: https://bitzero.com

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