TNW reports on PwC forecast for data center capex and infrastructure growth.
The Next Web covers a PwC forecast showing global AI infrastructure investment reaching $31.6 trillion by 2050. Current annual spending on AI stands at around $800 billion, expected to climb to $1.8 trillion yearly. The United States is modeled to account for 48 percent of spending. Chips are projected to replace construction as the main driver of data center capital expenditures. The article notes constraints including transformers and grid connections.
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TNW reports on PwC forecast for data center capex and infrastructure growth.
The Next Web covers a PwC forecast showing global AI infrastructure investment reaching $31.6 trillion by 2050. Current annual spending on AI stands at around $800 billion, expected to climb to $1.8 trillion yearly. The United States is modeled to account for 48 percent of spending. Chips are projected to replace construction as the main driver of data center capital expenditures. The article notes constraints including transformers and grid connections.
TNW@thenextwebThe world spends $800B on AI yearly. PwC projects $1.8T. The constraint is not money, it is transformers and grid connections.
TNW@thenextwebThe world spends $800B on AI yearly. PwC projects $1.8T. The constraint is not money, it is transformers and grid connections.
