AI Boom Drives Forecast of $31.6 Trillion in Global Data Center Spending by 2050
A new PwC report projects that artificial intelligence expansion will drive global data center capital expenditure to $31.6 trillion over the next three decades. The massive infrastructure build-out is expected to heavily strain electrical grids and accelerate demand for advanced cooling technologies.
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Data Center Spending to Reach $31.6 Trillion by 2050 on AI Boom
Global data center spending is set to reach $31.6 trillion through 2050 to meet the world’s growing appetite for AI, an investment boom with no precedent in history, according to PricewaterhouseCoopers LLP.
By Saritha Rai
Read full article →Global Market: Data centre boom fuels demand for power, cooling equipment suppliers
The global AI data centre boom is creating fresh opportunities for power and cooling equipment suppliers as developers race to overcome infrastructure bottlenecks. Rising demand for transformers, efficient power systems and liquid cooling is benefiting companies across Asia, although high valuations, supply constraints, competition and deployment delays remain key risks for investors.
Read full article →Data center capex to reach $31.6T through 2050 amid AI boom: PwC
Read full article →AI boom to drive US$31.6tn data centre spend by 2050 - Nation Thailand
AI boom to drive US$31.6tn data centre spend by 2050 Nation Thailand
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