by Derek Seidman | Jul 31, 2026 | AI, Billionaires, blackstone, data centers, Elon Musk, Inequality, Jeff Bezos, Larry Ellison, Mark Zuckerberg, News Analysis, ultrawealthy
The world’s top megabillionaires — a list dominated by Big Tech and Wall Street barons — enjoy a gamut of luxuries that are unfathomable for most of us. Jeff Bezos owns a half-billion-dollar superyacht. Mark Zuckerberg’s portfolio of lush properties that stretches from Palo Alto to Miami Beach is worth nearly as much. Elon Musk’s wealth roughly equals the gross domestic product of Ireland or…
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by Derek Seidman | Feb 14, 2026 | AI, big tech, BlackRock, blackstone, Climate Crisis, data centers, Economy, Environment, Fossil Fuels, News Analysis, Organizing, Private Equity, Wisconsin
Data centers are big business. Around 3,000 new data centers — huge buildings that house the computing power that props up the growing use of artificial intelligence (AI) — are currently being built or planned across the U.S. Some speculate that global spending on data centers could hit $3 trillion by 2029. Corporate interests — from energy firms and construction companies…
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