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What does it cost to build large data centers as being build by bigtech?

TechnologyAI Infrastructure & ComputeAI Energy
The cost of building large-scale data centers is soaring as tech giants invest heavily to support AI operations [1, 6]. Total data center capital expenditure is projected to reach $1.7 trillion by 2030 [5], with the overall market expected to grow from $347.3 billion in 2026 to $801.5 billion by 2033 [7]. Individual projects can reach massive scales, such as Meta’s $27 billion investment in a single data center facility [10]. Beyond construction, companies are incurring significant expenses for power infrastructure to meet the voracious energy demands of these facilities [8]. Tech giants have pledged to bear the costs of new electricity generation and grid upgrades to mitigate concerns regarding rising energy prices for the public [4, 12]. Furthermore, hyperscalers are spending billions on hardware that faces rapid obsolescence, often becoming worthless within three years [3]. These investments are further complicated by mounting project delays, which are costing hyperscalers billions in additional expenses [11].
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