A report by the global research firm 'BofA' indicated that global spending in the data center sector will reach one trillion dollars by 2026 and will more than double by 2028, increasing to 2.1 trillion dollars. The growth in demand for AI services and the development of these services are the main drivers of this increase.
ISNA is a semi-official Iranian news agency (Iranian Students News Agency). This is a translation of that outlet's own report; it is the outlet's account, not Artesh's finding.
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The AI Boom Doubles Data Center Costs
1w ago
October 24, 2026
1 min read
📰 ISNA
📋 Key Takeaway
A report predicts that global spending on data centers will reach $1 trillion by 2026 and exceed $2.1 trillion by 2028, primarily due to the rising demand for AI services. This trend highlights the significant economic impact of AI technology on infrastructure costs.
🔍 Quick Context Guide
💡 Bottom Line:
The surge in data center spending underscores the economic impact of AI technology on global infrastructure costs.
👥 Key Players
BofA
MENTIONED
Global research firm
"BofA's reports influence investment and policy decisions in technology and infrastructure sectors globally."
📰 What Happened
A report by BofA predicts that global spending on data centers will reach $1 trillion by 2026 and exceed $2.1 trillion by 2028, driven by the demand for AI services. This indicates a significant economic shift towards AI technology and its infrastructure needs.
- Global data center spending is expected to double from $1 trillion to $2.1 trillion by 2028.
- The primary driver of this increase is the rising demand for AI services.
💡 Why It Matters
🇮🇷 For Iran: Increased data center costs could impact Iran's ability to invest in AI and technology, potentially widening the technological gap with other nations.
🌍 Regional: The Middle East may see shifts in investment towards AI infrastructure, affecting regional competitiveness.
🌐 International: Countries and companies worldwide will need to adapt to the rising costs associated with AI infrastructure, influencing global tech markets.
📚 Background
AI technology is rapidly evolving, leading to increased demand for data processing and storage capabilities, which are primarily housed in data centers.
Artificial Intelligence
Data Center Infrastructure
📡 Source:
NEUTRAL
📊 Confidence:
70%
BofA is a reputable research firm known for its financial and market analysis, making this report a credible source of information.
🏷️ Entities Mentioned
🌐
Translated from the original and edited for English readers. View original source →
Translation confidence: 85%
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