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Data Center Spending Set to Skyrocket Amid AI Infrastructure Surge, Reaching $2.93 Trillion by 2030

Technology News

Data Center Spending Set to Skyrocket Amid AI Infrastructure Surge, Reaching $2.93 Trillion by 2030

Global data center spending to hit $2.93T by 2030

NewsBytes

Global data center spending to hit $2.93T by 2030

Data center spending is projected to exceed $2.1 trillion by 2028, driven by the increasing demand for AI services, according to BofA Global Research estimates.

Data center spending to more than double to $2.1 trillion by 2028

Economic Times

Data center spending to more than double to $2.1 trillion by 2028

Data center spending has been a fast-growing source of revenue for industrial firms that make generators, construction equipment, switchgears and chillers.

Data center spending to more than double to $2.1 trillion by 2028, BofA says

Reuters

Data center spending to more than double to $2.1 trillion by 2028, BofA says

Global data center spending is expected to hit $1 trillion ​in 2026 and more than double to $2.1 ‌trillion by 2028, BofA Global Research estimated in a note on Friday, driven by growing demand for...

Data center spending to more than double to $2.1 trillion by 2028 amid AI infrastructure boom, Bank of America Says

Tech Startups

Data center spending to more than double to $2.1 trillion by 2028 amid AI infrastructure boom, Bank of America Says

The global AI infrastructure boom is heading toward a staggering milestone. Data center spending is projected to surpass $1 trillion in 2026, then more than double to $2.1 trillion by 2028,...

Big Tech’s AI spending boom hides $3.6 trillion in off-balance-sheet commitments

Tech Startups

Big Tech’s AI spending boom hides $3.6 trillion in off-balance-sheet commitments

The artificial intelligence boom is creating financial obligations far larger than the billions Big Tech reports spending on data centers, chips, and computing infrastructure. Eight major...

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