AI Impacts Construction: U.S. Private Data Center Construction Spending Surges to Nearly $30 Billion/Year, More Than Twice as Much as End of 2022

According to Bloomberg 9.USAfirms arebig-budget investmentData CenterThe attempt is made toAIGrab a head start in the field.

AI Impacts Construction: U.S. Private Data Center Construction Spending Surges to Nearly $30 Billion/Year, More Than Twice as Much as End of 2022

According to the latest U.S. Census Bureau data, construction spending on private data centers in the U.S. has skyrocketed to nearly $30 billion per year (currently about Rs. 215,332 million), which is more than the amount spent by the end of 2022 when OpenAI launched ChatGPT.twice over.

Today, U.S. companies have construction budgets on data centershas surpassed the categories that still accounted for a significant amount of capital last yeare.g.Hotel, retail and leisure facilitieswait.

The U.S. is "leading the wave of data center investment," with global spending expected to reach $4.5 billion, according to Bloomberg, citing data from money management firm KKR.$250 billion per year(currently around RMB 1.79 trillion). Currently, the data center industry is benefiting from the development of AI, and the demand for more powerful computing capabilities is continuing to grow.

In addition, data centers require large amounts of electricity, raising concerns that tech giants may demand a larger share of power generation and could push upCost of electricity for households and other businesses.

Last week, major U.S. energy regulators vetoed a special agreement that would have allowed an Amazon.com data center toGetting more power from neighboring nuclear power plants.

It was only in July of this year that the U.S. Census Bureau began toSeparate publication of data center expenditure statisticsPreviously, they had been categorized as office buildings. Previously, they had been categorized as office buildings. At the beginning of last year, data center spending accounted for justone sixthBut today that percentage has climbed toMore than one third.

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