AI Infrastructure Spending Set to Trigger $1.5 T Annual CapEx, 90% Financed Externally
Hyperscalers will pour about $1.5 trillion a year into AI data centers by 2030, dwarfing past construction booms. External debt and equity are expected to fund up to 90% of the buildout, tying the cycle’s success to credit market health and raising systemic risk for the economy.