Today's new @PubEnterprise report is a comprehensive analysis of the capital structure of the entire AI sector: data center real estate, GPU markets, private credit, you name it. It's also a financial risk management framework for policymakers: What happens in a bust?

Something that I find interesting is how many talk about an "AI Bubble" as if that is an absolute fact. There might be a bubble (either overvalued financial assets, or unjustifiable capex), but obviously a lot of people with a lot on the line feel otherwise.