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Explosive spending on data-centers exceeded plunging spending on office buildings for the first time ever. By Wolf Richter for WOLF STREET. Construction spending on data centers soared by 31% in January from the already spiking levels a year ago to a seasonally adjusted annual rate (SAAR) of $47 billion, up by 409% since the beginning of 2021 – it more than quintupled! – and up by 670% since the b...
Construction of Data Centers, Power Plants, Factories, and Office Buildings: Boom & Bust | Huntaegis