$BTC
,🚨🇺🇸 America's AI construction boom is getting completely OUT OF HAND.
The US is now building data centers at an annualized spending rate of $96.5 BILLION.
Just one year ago, it was $50.7 billion.
That's a $45.8 BILLION jump in 12 months, more than the entire increase recorded over the previous 7½ YEARS.
And here's what makes those numbers even crazier.
Overall U.S. construction spending actually FELL 2.7% over the past year.
Data centers are UP 90% !!
While much of the construction industry struggles, billions are pouring into buildings designed to house AI chips.
And those figures don't even include the enormous cost of filling them with GPUs and servers.
The buildings are going up. The money is being spent.
Can AI actually generate enough revenue to justify all of it?
Source: U.S. Census Bureau, FourWeekMBA
#crypto #CryptoNews #worldnews
,🚨🇺🇸 America's AI construction boom is getting completely OUT OF HAND.
The US is now building data centers at an annualized spending rate of $96.5 BILLION.
Just one year ago, it was $50.7 billion.
That's a $45.8 BILLION jump in 12 months, more than the entire increase recorded over the previous 7½ YEARS.
And here's what makes those numbers even crazier.
Overall U.S. construction spending actually FELL 2.7% over the past year.
Data centers are UP 90% !!
While much of the construction industry struggles, billions are pouring into buildings designed to house AI chips.
And those figures don't even include the enormous cost of filling them with GPUs and servers.
The buildings are going up. The money is being spent.
Can AI actually generate enough revenue to justify all of it?
Source: U.S. Census Bureau, FourWeekMBA
#crypto #CryptoNews #worldnews
