AI compute demand must reach $6T by 2031 to support colossal data center buildout: Bain

[Big data, complex calculations and database servers in server farm] Dragos Condrea Artificial intelligence-related computing demand must reach $6T in annual revenue by 2031 to justify the monumental infrastructure build-out, according to an in-depth analysis by Bain & Company. Capital expenditures from the primary hyperscalers, Microsoft (MSFT [https://seekingalpha.com/symbol/MSFT]), Google (GOOG [https://seekingalpha.com/symbol/GOOG])(GOOGL [https://seekingalpha.com/symbol/GOOGL]), Amazon (AMZN [https://seekingalpha.com/symbol/AMZN]), Meta (META [https://seekingalpha.com/symbol/META]) and Oracle (ORCL [https://seekingalpha.com/symbol/ORCL]), are expected to reach $780B this year, which is almost five times what was spent in 2023.