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Skanska, a large contracting firm, forecasts that data center construction will average 13.2 percent annual growth through 2029, a far speedier rate than any other sector it tracks.
Simplified Text
Skanska forecasts data center construction will average 13.2 percent annual growth through 2029
Confidence Score
0.800
Claim Maker
Skanska
Context Type
News Article
Context Details
{
    "date": "2025-08-27",
    "topic": "Artificial Intelligence",
    "author": "Lydia DePillis",
    "growth_rate": "13.2 percent",
    "time_period": "through 2029",
    "organization": "Skanska"
}
UUID
9fc8b2bf-86c3-4ce5-a1f2-bd5172423214
Vector Index
✗ No vector
Created
September 2, 2025 at 8:03 PM (1 week ago)
Last Updated
September 2, 2025 at 8:03 PM (1 week ago)

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Screenshot of https://www.nytimes.com/2025/08/27/business/economy/ai-investment-economic-growth.html
https://www.nytimes.com/2025/08/27/business/economy/ai-investment-economic-growth.html

Massive AI infrastructure spending boosts the real economy, driven by data center construction and tech investments. While promising, risks exist if AI returns don't meet expectations.

Artificial Intelligence
Economic Growth
Investment
Data Centers
Technology
Infrastructure

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