Evidence item
PwC and Oxford Economics project roughly $800 billion of global data-center capex in 2026, chiefly for servers, networking, and AI GPUs. DIRECT_TEXT
Source: Where $31.6 trillion of capex flows in the era-defining AI build-out · locator {} · excerpt hash sha256:9443ccf7192cab09c2cc368a8dd866b9e8bd21750ce7e861ea08118acb02eef3
Exact excerpt
In our central scenario projection, data centres attract US$31.6 trillion of capital expenditure globally through 2050... annual spending accelerates over time, rising from roughly $800 billion in 2026 to $1.1 trillion in 2030 to $1.8 trillion in 2050. That’s because the bulk of the spend doesn’t go towards the buildings. Rather, it funds what fills them: servers, storage systems, networking equipment, central processing units (CPUs), and, crucially, the graphics processing units (GPUs) that provide compute power for AI.
Linked claims
| Claim | Direction | Relevance | Steps | Counted |
|---|---|---|---|---|
| 5deb85f9 | QUALIFY | STRONG | 0 | yes |
Audits
None.