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The Guardian - UK

Technology

Dan Milmo Global technology editor

Boom or bubble? Inside the $3tn AI datacentre spending spree

Microsoft Newport Amazon Mike OConnell Morgan Stanley United States Apple Google JLL Meta

Inside The Global Switch Docklands Data Centre Campus — The Global Switch Docklands data centre campus in east London. There are few signs of a bubble waiting to burst. Photograph: Bloomberg/Getty

The global investment spree in artificial intelligence is producing some remarkable numbers and a projected $3tn (£2.3tn) spend on datacentres is one of them.

These vast warehouses are the central nervous system of AI tools such as OpenAI’s ChatGPT and Google’s Veo 3, underpinning the training and operation of a technology into which investors have poured vast sums of money.

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