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02.03.26 - 20:15
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Construction Spending On Data Centers, Factories, Powerplants, And Office Buildings: Boom, Bust, And In Between (ZeroHedge)
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Construction Spending On Data Centers, Factories, Powerplants, And Office Buildings: Boom, Bust, And In Between
Authored by Wolf Richter via Wolf Street,
Construction spending on data centers in 2025 exploded by 32% from the prior year, by over 100% in two years, and by 344% from 2020, to $41 billion, according to the Census Bureau on Friday. Spending on construction costs of data centers used to be buried in office construction and was minimal compared to office construction. But more recently, the Census Bureau split out data-center construction spending going back to 2014.
Construction costs of data centers are only a relatively small portion of the immense amounts spent on AI infrastructure, most of which goes into electronic and electrical equipment, from AI servers to power generation equipment. Construction spending on data centers does not include the costs of the servers and racks but does include the cooling systems in the building and other built-in electrical equipment.
It takes y...
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27.02.26 - 21:09
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AI Takeover Complete: Data Center Construction Surpasses Office Construction For The First Time (ZeroHedge)
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AI Takeover Complete: Data Center Construction Surpasses Office Construction For The First Time
On August 19, 2025 we published what we thought was "the most insane chart", one showing that value of data center construction was about to surpass the value of office construction. We added that we would reach the intersection point within 6 months.
The most insane chart: value of data centers being built will surpass all offices in construction within 6 months pic.twitter.com/kQBGegx9Fj
— zerohedge (@zerohedge) August 19, 2025
We were right: earlier today the US published the much-delayed Construction Spending report for the month of December. It confirmed, that just as expected, the value of Data Centers constructed in the US has officially surpassed the value of Offices, a historical and very symbolic crossover which makes it clear that going forward machines, and not human workers will provide the bulk of US productivity.
Source: Census Bureau
And while the long-term trend here...
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