AI’s Boom Has Infrastructure Investors Looking at Garbage
The investing frenzy in data centers that the AI boom sparked has created a bargain-hunting opportunity—in everything but AI assets.AI has pulled investors’ attention away from unglamorous assets in sectors like transportation and waste management over the past few years, as they have poured billions into data centers and related AI infrastructure. Now investors are getting excited about boring-sounding assets that can throw off cash, like landfills or rail terminals. And while...