PwC sees $31.6 trillion in data center spending through 2050 as AI drives demand

What happened

Annual data center capital expenditure is projected to more than double from $800 billion this year to $1.8 trillion by 2050, driven by recurring chip upgrades

Summary assembled by rule from the sources below

Timeline

1. 11:51
   First appeared on Yahoo FinanceYYahoo Finance
2. 12:00
   Quartz started reportingQQuartz

Sources