Global capital investment in artificial intelligence facilities is on track to reach a cumulative $31.6 trillion by 2050, but the bulk of that spending will go toward recurring chip upgrades rather than data center construction, according to a new report from consulting firm PwC.
Global capital spending on data centers projected to top $31 trillion by 2050
PwC expects investment to focus more on chip upgrades than construction
By Lou Hirsh
CoStar NewsSeptember 3, 2026 | 6:59 P.M.
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