What are these called? DATA CENTER. Data centers store data. Why do these people want a 10x increase in DATA storage? To store more data. That means every drive you take, every thing you buy, every search you do, every heart beat on your fitness tracker, everything.
Your 5 year old iPhone has the horsepower to process an AI search. They don't need more horse power, they need storage capacity. In government, there is a class of politicians that seem to think it is perfectly fine and desirable to store everything about you, down to the minute of your day and night. In the business world, there are people slightly smarter than politicians, that have figured out how to get politicians to pay for their grand idea. It's that simple.
The Chinese are hot on tracking every step of every citizen. Do we really want to follow their example?