The risks of investing $7tn in AI data centres artwork
FT News Briefing

The risks of investing $7tn in AI data centres

Aug 26, 2026 · 11:53

Traders and analysts are warning oil prices could soon hit $100 a barrel again, Germany is becoming a magnet for international defence groups, and Canada has announced retaliatory tariffs of up to 50 per cent on US imports. Plus, Wall Street is stretching itself to finance massive investment in data centres, and European heatwaves have prompted the continent to look to the Gulf for air-conditionin…