Business Insider·3 min read·medium

CoreWeave’s CEO says data center backlash isn't scaring off AI giants

CoreWeave’s CEO says data center backlash isn't scaring off AI giants
✦AI Summary

CoreWeave CEO Michael Intrator argues that local moratoriums on data centers will not curb the overall demand for AI infrastructure. He suggests that companies will simply relocate their projects to more welcoming jurisdictions.

Why it matters

It addresses the growing friction between local community concerns over energy/water usage and the massive infrastructure requirements of the AI industry.

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CoreWeave CEO Michael Intrator said data center moratoriums won't reduce demand. Bloomberg/Getty Images CoreWeave CEO Michael Intrator isn't concerned about the data center backlash. Intrator said the moratoriums and regulations ultimately mean the facilities will be built elsewhere. "It's just a question of where you put it," Intrator said. CoreWeave CEO Michael Intrator is shrugging off the data center backlash. "There has absolutely not been any reduction in orders," Intrator said Wednesday morning during an interview on CNBC's "Squawk On The Street." Intrator, who leads an AI cloud provider that started as a crypto mining company, said that any regulatory crackdown on data center buildouts will simply result in companies focusing on communities that welcome the construction. "The regulations that are being brought out around data centers, all they are going to do is they're going to relocate the infrastructure," he said.

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