Goldman Sachs released a research note in July that highlighted a surge in AI infrastructure spending worldwide. The report covers selected announcements and is not a full picture of the global market.
One key trend is the rise of GPU backstop programmes that help new cloud providers grow. These arrangements give customers more reliable compute power and help cloud firms keep up with demand.
The month saw several big projects. Meta teamed up with BlackRock to build a 1‑gigawatt AI data‑centre campus in Texas. In the same period, IREN signed contracts worth $2.8 billion for new infrastructure.
Sharon AI struck a $1.32 billion cloud‑computing deal and plans an AI factory in New Zealand, showing continued investment in local AI hardware.
Governments are also stepping in. Saudi Arabia, Croatia and Indonesia announced new AI data‑centre projects to boost their domestic capabilities.
Enterprises are adopting AI tools too. Starbucks is creating its own AI systems for inventory management and equipment maintenance to run smoother. Fintech firm Revolut uses an AI behavioural model for fraud detection, credit scoring, marketing and product suggestions.
Other companies have rolled out AI solutions this month, including Flow Traders and Arcee AI.
Overall, the report paints a picture of growing AI infrastructure across cloud providers, businesses and governments. The trend shows more compute capacity, new partnerships and wider commercial use of AI worldwide.