Data Center Deals Hit Record $61 Billion as AI Boom Drives Infrastructure Frenzy

Dec 22, 2025
CNBC
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Summary

Data center deals surge to record $61 billion in 2025 as tech giants like Meta, Google, and Amazon fuel an AI infrastructure building frenzy, with debt financing nearly doubling to $182 billion amid soaring demand for computing power.

Key Points

  • Data center deals reach record $61 billion in 2025, up from $60.8 billion last year, driven by AI infrastructure construction frenzy despite investor concerns about inflated valuations
  • Debt financing nearly doubles to $182 billion as hyperscalers like Meta, Google, and Amazon increasingly turn to external capital rather than self-funding expensive infrastructure projects
  • Over 100 data center transactions occur in first 11 months of 2025, with majority taking place in the U.S. while analysts expect continued strong demand growth in 2026

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