PANews reported on March 25 that according to Bloomberg, Alibaba Chairman Joseph Tsai said at the HSBC Global Investment Summit in Hong Kong that the AI data center construction boom is showing signs of "bubble", warning that the current investment speed has exceeded the actual growth of AI demand. He pointed out that a large number of projects have started financing and construction before customers have been identified, especially in the United States, where technology giants plan to spend hundreds of billions of dollars, which may be suspected of excessive early deployment. Tsai said, "When people build data centers without clear usage agreements, I start to worry."