$NBIS $IREN
I will say just one thing to this beatiful prediction by PwC
Doing any prediction related to AI further than 2030 is absolute nonsense. It is difficult to predict 1-2 years ahead.
ChatGPT was released roughly 4 years ago and the progress surprised everyone
Who thought 4 years ago that:
- We will be building this many GWs of data centers
- We will use CPUs almost as much as GPUs
- Photonics solutions will be used
- We will talk about national security
Almost nobody and given the progress is actually following an exponential trajectory, we will be absolutely shocked again and again and again in following years
$31.6 TRILLION.
That’s PwC’s estimate for global data-centre capex through 2050.
$IREN $CIFR $NBIS or $WULF, some might 5-10X and some 20X or more
And PwC says POWER will be the decisive factor in where that capital flows.
And the wild part?
It doesn’t peak.
Annual spending is projected to rise from $800B in 2026 to $1.8T/year by 2050.
AI infrastructure isn’t a one-time buildout.
It’s a multi-decade capex cycle. ⚡️
Sep 26, 2026 · 8:38 PM UTC
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