Global AI infrastructure spending could top $31T, PwC estimates
AI infrastructure spending could exceed $31 trillion through 2050, as firms forge ahead with a flurry of data center deals.
PwC analysts predict that global AI infrastructure spending could surpass $31 trillion by 2050, driven by a surge in data center deals and the expansion of AI capabilities. Major players, such as Qualcomm and Amazon, as well as TikTok's plans in Finland, are contributing to this growth. The Asia-Pacific region is also ramping up investments, with the Philippines unveiling an AI master plan and Japan allocating $60 billion to quadruple its data center capacity by 2033.
The unique nature of AI infrastructure, requiring regular upgrades, is expected to accelerate investment in the sector.
Brief written by urgent.news from Semafor's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
