The data-driven economy has spoken, and AEC firms are taking note to the tune of a projected $180 billion worth of new construction spending on data center projects as of the end of Q3 this year. The figure comes from a DellOro Group report, which also pointed out just three companiesAWS, Azure, and Google Cloudwere responsible for 80% of Q3s spending. Model training for AI is seen as a driving force. The numbers are reflected in the two latest Dodge Momentum Index reports. (h/t Construction Dive)
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