US data center construction spending surges 46% year-over-year to $68B as AI and crypto miners reshape infrastructure

US data center construction spending surged 46% year-over-year to $68 billion, driven by AI and crypto miners reshaping infrastructure. This strategic shift diversifies revenue streams and prioritizes new infrastructure needs. The significant investment underscores the growing demand for computing power from both AI and cryptocurrency mining, signaling a major transformation in the data center industry.