A Groq investor said he's 'deeply concerned' about the data center market

A Grok investor said he's "deeply concerned" about the "speculative" data center market.

Myung J. Chun / Los Angeles Times via Getty Images

• A Groq investor said he's "deeply concerned" about the "speculative" data center market.
• He said AI has spurred "too many business models with no realistic margin expansion."
• The number of data centers in the US has nearly quadrupled from 2010 to the end of 2024.

A major Groq investor said data center development was "speculative" and would put "stress on the system.