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Repair common Windows errors and clear accumulated junk for a smoother, more stable PC - no reinstall needed.Free scan · no reinstallGlobal data-center investment reached $22 billion from January through May 2024, according to Linklaters’ analysis of Inframation data. A June 7, 2024 roundup also covered Nvidia’s next accelerator roadmap, Intel’s 144-core Xeon 6 6700E, major Microsoft and CoreWeave expansion plans, and rising pressure on electricity infrastructure. These are historical 2024 announcements and forecasts—not a current 2026 investment total or proof that every planned facility was completed.
What the $22 billion figure means
Linklaters reported $22 billion in global data-center investment during the first five months of 2024. The firm said global investment totaled $36 billion in 2023, the second-largest investment year of the preceding decade.
The regional figures use different time cutoffs, so they should not be combined as if measured over the same period:
| Measure | Period | Reported result | Source and qualification |
|---|---|---|---|
| Global investment | January–May 2024 | $22 billion | Linklaters analysis of Inframation data |
| North America | Through April 2024 | $15 billion; 69% of investment | Linklaters |
| Europe | January–May 2024 | More than $7 billion; 29% share | Linklaters |
| North America | 2023 | 62% of global transaction value | Linklaters |
Linklaters partner Rich Jones described “a real clamour for involvement in the data centre market” because of demand for capacity and expectations that demand would continue growing. He also said increasingly complex transaction structures were being used to attract investors that had not historically invested in digital infrastructure.
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Major investment and construction announcements
Microsoft: $3.2 billion Sweden commitment
Microsoft announced a $3.2 billion investment in Sweden. The commitment included plans to add 20,000 GPUs across three data centers and train 250,000 people in artificial-intelligence skills. The figures describe Microsoft’s announced plans as covered in June 2024; they are not evidence that all equipment, training or construction had already been delivered.
CoreWeave: additional $2.2 billion for Europe
CoreWeave announced an additional $2.2 billion European infrastructure investment on June 3, 2024. Its release described expansion plans and three facilities targeted before the end of 2024. The available reporting does not establish that those facilities were subsequently completed. CEO Mike Intrator called Europe “the next frontier for the AI industry” and an important milestone in CoreWeave’s next phase of growth.
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DataNovaX: announced Texas campus
The roundup reported the announced opening of DataNovaX’s $1 billion Texas campus. This is an announced project, not a verified operating-capacity figure.
Singtel, KKR and ST Telemedia Global Data Centres
The article also reported a possible minority-stake transaction involving Singtel, KKR and ST Telemedia Global Data Centres. Unlike the named company commitments above, this item came from anonymous-source deal reporting and should be treated as a potential transaction rather than a completed investment.
European capacity outside the largest markets
The roundup, citing CBRE, said smaller European secondary markets were expected to add 273 megawatts of capacity in 2024. It reported that 56 MW had been delivered in the first quarter and compared the forecast with a 228 MW record in 2022. These figures are reported through the roundup’s account of CBRE rather than an independently reviewed CBRE publication.
Nvidia’s 2024 accelerator roadmap
At Computex in Taiwan, Nvidia outlined an annual AI-accelerator refresh. The roadmap associated Blackwell Ultra with 2025 and Rubin with 2026. Coverage said Rubin was expected to use HBM4, but detailed specifications were not provided at the time.
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That distinction matters: the announcement was a roadmap statement, not confirmation of a generally available Rubin product in 2026. Nvidia CEO Jensen Huang summarized the demand dynamic by saying, “We are seeing computation inflation,” referring to the growing amount of computing required for newer AI systems.
The same coverage mentioned Nvidia MGX server designs and Spectrum-X networking as related product lines. They provide system and networking context, but the dated launch claims here concern the Blackwell Ultra and Rubin roadmap.
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Intel Xeon 6 6700E: a high-core-count efficiency design
Intel had begun shipping the 144-core Xeon 6 6700E, formerly known as Sierra Forest. It uses efficiency cores and was positioned for public and private clouds, cloud-native applications, content-delivery networks, microservices and consumer digital services.
| Attribute | Xeon 6 6700E information reported in June 2024 |
|---|---|
| Core design | E-core processor |
| Core count | 144 cores |
| Target workloads | Cloud and data-center scale-out workloads, including cloud-native software, CDNs and microservices |
| Availability status | Intel had begun shipping it at the time of the report |
| Performance claims | Intel stated 4.2× performance and 2.6× performance per watt versus second-generation Xeon processors |
The 4.2× and 2.6× figures were Intel’s comparisons, as reported by Data Center Knowledge, not independent benchmark results. They therefore should not be used as a universal buying decision or as a direct comparison with Nvidia accelerators. The 6700E addresses efficient scale-out CPU computing; Nvidia’s roadmap addresses accelerated AI, so the products serve different primary workloads.
Cisco’s integrated AI data-center offering
Cisco was described as offering an all-in-one AI data-center solution that combines servers, storage, networking and AI software for on-premises deployment. The roundup did not specify a product model, price or comparative test, so those details cannot be used to rank it against the Intel or Nvidia announcements.
Power demand and the nuclear option
Energy supply was a central constraint in the 2024 coverage. Data Center Knowledge relayed a PGIM forecast that data centers could rise from 2% of global electricity consumption in the source’s 2024 context to more than 20% by 2030. This is a forecast reported secondhand, not a directly reviewed PGIM baseline or a present-day measurement.
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David Crane, the U.S. Department of Energy’s undersecretary for infrastructure, was described as “very bullish” on emerging small-modular-reactor designs. That reflects policy interest in additional generation options; it does not establish that reactors were available to supply the projects listed above.
Quick Recap
How to read these announcements as an investor or household budgeter
- Separate time periods: the $22 billion number covers January–May 2024, while North America’s $15 billion figure covers through April.
- Separate status: distinguish completed shipments, announced commitments, planned openings and anonymous-source transaction reports.
- Separate workload: Xeon 6 6700E is a scale-out CPU; Nvidia’s Blackwell Ultra and Rubin are AI-accelerator roadmap items.
- Discount vendor claims appropriately: Intel’s performance numbers were company comparisons, not independent tests.
- Watch infrastructure constraints: electricity availability, networking and cooling can determine whether announced AI capacity becomes operational.
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