AI to lift cloud investment to $460bn in 2025, more than Apollo program

Amazon joins global race with new models, but earnings payoff still elusive

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Amazon.com announced new moves in artificial intelligence at this year's re:Invent conference in Las Vegas. (Handout via Reuters)

RYOTARO YAMADA, Nikkei staff writer

LAS VEGAS -- Global investment in data centers is expected to outpace the cost of sending humans to the moon by about 50% next year, as the rise of generative artificial intelligence fuels demand for cloud computing.

Data center investment will increase roughly 30% to $463.7 billion next year, U.S.-based Dell'Oro Group forecasts. In comparison, the entire Apollo program from 1960 to 1973 cost $318 billion in current dollars.

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