QuoteFernando de Leon, founder of Leon Capital Group, says he sees big problems in data center financing.
"... I see large technology companies, the largest companies on the planet, with $4 trillion market cap, saying, 'I don't want to own this asset. I don't want to have this on my balance sheet.' So I ask, Why? Why doesn't the largest company in the world want to own its own asset?" De Leon said.
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De Leon surmises that what is inside these data centers, the technology of artificial intelligence, will quickly become obsolete. AI, after all, is designed to make everything more efficient, including itself. And the value of the centers is not the four walls, but what's inside. "
https://www.cnbc.com/amp/2025/12/17/billionaire-real-estate-developer-red-flag-data-centers.html
