Analysts see ‘global construction frenzy that shows no signs of slowing’ amid surge in demand from AI boom
A new report finds that investment in the worldwide data center market reached $61bn this year, setting a new record atop the wave of the artificial intelligence boom.
The analysis by S&P Global, first reported by CNBC, documented what the market intelligence firm called a “global construction frenzy that shows no signs of slowing”, to build out the massive real estate, hardware, and energy requirements driven by insatiable demand from AI companies. S&P pegged 2024’s investment in the data center market at $60.8bn, just below the 2025 number.
Analysts see ‘global construction frenzy that shows no signs of slowing’ amid surge in demand from AI boomA new report finds that investment in the worldwide data center market reached $61bn this year, setting a new record atop the wave of the artificial intelligence boom.The analysis by S&P Global, first reported by CNBC, documented what the market intelligence firm called a “global construction frenzy that shows no signs of slowing”, to build out the massive real estate, hardware, and energy requirements driven by insatiable demand from AI companies. S&P pegged 2024’s investment in the data center market at $60.8bn, just below the 2025 number. Continue reading…
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