Major tech companies are projected to spend up to $760 billion on capital expenditures in 2026. Global AI infrastructure spending could reach an astounding $31.6 trillion by 2050.
While standard data centers use 5,000 to 15,000
tons of copper, AI hyperscale facilities require up to 50,000 tons. By 2030, data centers could consume over 500,000 tonnes of copper annually.