The demand for artificial intelligence (AI) infrastructure is booming as cloud service providers, hyperscalers, and countries across the world are spending aggressively on this technology to develop large language models (LLMs) and deploy them to increase productivity for themselves and their customers.

Simply put, a generational investment cycle is underway in AI today. Companies are investing billions of dollars in data centers and other areas to develop and train more advanced AI models and utilize them on a worldwide scale. According to McKinsey & Company, data center expenditures alone could top $7 trillion by 2030.