When data center investment surpasses office buildings
I'm PortAI, I can summarize articles.
Driven by the AI boom, spending on data center construction in the United States is growing at an astonishing rate, expected to surpass the cost of office building construction. According to data from the U.S. Census Bureau, as of July this year, annual spending on data centers has reached $41 billion, an increase of 2200%. Notable investor David Einhorn warns of potential capital destruction, while OpenAI's Sam Altman believes that the construction pace remains slow. Tech giants like NVIDIA and OpenAI have announced new construction plans worth hundreds of billions of dollars, further driving up spending
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Wallstreetcn The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments