BUSINESSMARKETWATCH
It’s official: More money is now spent building data centers than the government spends on transportation
Construction spending on data centers surpassed public spending on transportation, according to the April construction-spending report from the Census Bureau. This marks a notable milestone in infrastructure investment priorities.
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Adjacent reporting
- Utilities to spend $1.4 trillion over 5 years amid data center boom
- SoftBank says it will invest up to €75 billion to build French data centers
- Anthropic is paying $15 billion a year for access to Elon Musk’s data centers
- Meta to receive $3.3B in tax breaks for its $10B Louisiana data center
- Japanese tech giant pledges massive investment for French data centres
- Where Are All the Data Centers Going to Go?