{"id":"tp-47596","type":"article-newspaper","title":"Pershing Square Models 15% to 25% Returns on AI Data Centers","author":"Enna Lee","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/investing/47596","datePublished":"2026-11-03T11:28:44.000Z","dateModified":"2026-11-03T11:28:44.000Z","language":"en","abstract":"The firm’s scenario assumes $40 billion to $50 billion in build costs per gigawatt, $15 billion to $20 billion in annual revenue and a 50% incremental operating margin.","section":"Investing","references":[]}