Meta & BlackRock’s $14B AI Data Center Exposes Lenders to Multi-Billion Insurance Shortfall.
As the race to construct gigawatt-scale artificial intelligence campuses accelerates, the financial architecture supporting these mega-projects is encountering a major institutional hurdle: the global commercial insurance market cannot assemble enough capacity to insure them against total loss. According to credit filings and reporting from the Financial Times, the $14 billion “Project Sopaipilla” data center campus … Read more