MSP Business Journal: When it comes to data centers, is Minnesota plugged in?
16 Aug 2024
News
The proliferation of data centers across America is helping to power the nation's increasing digital economy - but for some, it's coming at too high, or too unknown, of a cost.
The data center boom isn't new, but the rate at which these projects are being planned, proposed, and built is quickly escalating. And while data centers once were concentrated in a few key markets, they're now fanning out to metro areas all over the country.
Data centers are booming in large part because of how digitally interconnected the world has become. The advancement of generative artificial intelligence also is ramping up data requirements. The Goldman Sachs Group this spring estimated that data center power demand will grow 160% by 2030 in part because of AI.
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