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U.S. data center spending hits $96.5 billion annual pace as AI buildout faces political test

Nov 9, 2026 00:40 (15h ago)

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U.S. data center construction spending reached a $96.5 billion annual pace in September.
ConstructConnect recorded $9.4 billion in September starts, down from August’s $25.8 billion record.
UBS CEO Sergio Ermotti linked a potential slowdown to Democratic control and stricter AI oversight.