*ALIBABA TARGETS 20GW OF DATA CENTER CAPACITY BY 2032
*ALIBABA UNVEILS NEW AI CHIP IT CALLS CHINA'S MOST POWERFUL
Sounds like a whole lot more capex coming for $BABA
Social Security’s retirement trust fund:
2021: $2.75 trillion
2032: $0
Washington has known this was coming for decades.
And yet they continue to do what they do best:
Wait until a problem becomes a crisis before dealing with it.
If you were born in 1968 you turn 64 in 2032.
You’ve paid into Social Security every single paycheck for over 40 years.
You were promised it would be there.
Social Security is projected to be insolvent by 2033.
That’s not a maybe.
That’s the government’s own estimate.
Congress borrowed from the fund for decades.
Never paid it back.
Now the people who spent it are debating how to tell the people who earned it that it’s gone.
Meanwhile we just approved another $800,000,000,000 defense budget.
Found that money immediately.
No debate.
No delay.
But your retirement check that you paid for your entire working life?
That’s a budget problem.
The government didn’t run out of money.
They ran out of interest in protecting yours.
MICROSOFT $MSFT PLANS TO MORE THAN TRIPLE ITS DATA CENTER CAPACITY BY 2032
The company's data center network will reach more than 38 gigawatts, up from about 12 gigawatts now - Bloomberg
$GLW Verizon and Corning announced a multi-billion-dollar fiber supply deal through 2032 for more than 80 million miles of high-density optical fiber and connectivity products (2027–2032). The fiber is meant to speed consumer/business broadband expansion (toward 40–50 million passings) and build long-haul corridors for AI hyperscalers under Verizon’s AI Connect strategy.
“The agreement through 2032 provides the high-capacity optical solutions needed to expand nationwide consumer broadband access while scaling a high-density backbone to support Gen AI compute needs.”
Kyle Malady, CEO of Verizon Business:
“Securing this volume of fiber allows us to continue building the network of the future at an unprecedented scale. We are deploying a single, converged architecture that unites mobile connectivity and broadband into one seamless experience for millions of families and businesses, while simultaneously building the high-capacity, low-latency backbone AI hyperscalers demand. With Corning as our partner, we are securing the physical foundation of America’s AI economy.”
Mike O’Day, SVP and GM, Corning Optical Communications:
“Corning is thrilled to deepen our three-decade partnership with Verizon as we provide our latest optical innovations in fiber, cable, and connectivity to link AI data centers together while ensuring more Americans have access to AI with high-speed fiber connections at home. This partnership demonstrates that Gen AI and broadband expansion are part of the same transformative opportunity.”