Gartner warns $3.5 trillion in AI infrastructure spending faces write-down risk by 2030

A new report says AI revenue won't come close to covering the data center building spree, and most neoclouds may not survive independently The AI industry is building data centers at a pace that would make a gold rush blush. According to Gartner, the bill may come due before the revenue shows up. In an October 14, 2026 report, the research firm warned that more than $3.5 trillion in AI infrastructure spending is at risk of impairment by the end of 2030. That exposure could climb past $4 trillion by 2032.

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