US AI infrastructure spend could hit $10 trillion by 2032

Andy Brown Head of Content, Construction and Engagement

25 September 2026

Spending on US data centres and associated AI infrastructure could reach $10.3 trillion between 2025 and 2032, according to research presented at the Brookings Institution.

The analysis estimates that the buildout could absorb around 3.6% of US Gross Domestic Product (GDP) annually – a greater share of economic output than the country’s railroad, interstate highway or telecommunications expansions.

The research was produced by Stijn van Nieuwerburgh, a professor of finance and real estate at Columbia…

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