The article examines the rapid expansion of data centers driven by AI development and warns of a potential bubble in the sector. Major tech companies like Microsoft, Meta, and Google are aggressively building data centers to support AI operations, with projected spending reaching $200 billion by 2025. This surge has created intense competition for prime locations and resources, particularly in regions with stable power grids and favorable climates. The article highlights concerns about overbuilding and potential market saturation, drawing parallels to previous tech bubbles. Key indicators of the bubble include soaring real estate prices in data center markets, unprecedented demand for AI chips from companies like Nvidia, and massive capital investments from tech giants. The analysis suggests that while AI’s growth is legitimate, the pace of data center expansion might be unsustainable. Companies are racing to secure capacity ahead of actual demand, potentially leading to overcapacity issues. The situation is particularly notable in Asia, where Alibaba’s recent restructuring and data center spinoff reflects market pressures. Industry experts warn that not all players will survive this expansion phase, and a market correction could occur when supply eventually exceeds demand. The article concludes that while AI computing needs are real, the current pace of infrastructure building might be creating a speculative bubble that could burst by 2025.