2024 global data center investments rose 51% to $455B; projections indicate 30% growth for 2025. Major spending driven by top cloud providers like AWS, Microsoft, and Google, primarily to expand AI infrastructure. Capital expenditures could exceed $1 trillion annually by 2029. Rising AI demand has strained data center capacity, leading to increased colocation costs. Total spending from enterprises reached $150B, marking the largest annual growth since 2014, with significant contributions from smaller cloud providers and hardware manufacturers. However, economic uncertainties could impact future IT investments.
https://www.ciodive.com/news/data-center-ai-cloud-infrastructure-capex-gpu-servers/743002/