<div id="readability-page-1"><div><p>For much of the past year, when most AI bulls were too busy to be bothered with doing the simple math on what a full AI cycle would cost in terms of both data center capex <em><strong>and </strong></em></p></div></div>

<p>For much of the past year, when most AI bulls were too busy to be bothered with doing the simple math on what a full AI cycle would cost in terms of both data center capex and</p>

IBM CEO Says "No Way" Spending Trillions On Data Centers Will Pay Off