PwC forecasts $31.6T global data center spend by 2050 on AI demand

PwC projects cumulative global data center spending of $31.6 trillion by 2050 under a central AI adoption scenario, potentially reaching $50 trillion with accelerated uptake. The forecast signals a structural investment boom comparable to past infrastructure eras, with implications for energy, supply chains, and capital allocation. Uncertainty remains high given the long horizon and dependence on AI adoption trajectories.