FT: 47 major data center projects collapsed this year

The Financial Times, citing RegLayer data, reports that 47 large data center projects have fallen through this year, while Bernstein believes only about 35% of planned facilities are feasible. Local opposition, high interest rates and a shaky bond market are blamed; CoreWeave stock has dropped more than 27% over the past month.

• 47 large data center projects collapsed this year, per RegLayer data
• Bernstein sees only about 35% of planned facilities as feasible
• CoreWeave stock has fallen more than 27% over the past month
• Local opposition, high interest rates and a weak bond market are blamed