A boom in data centers is expected to produce about 2.5 billion metric tons of carbon dioxide-equivalent emissions globally through the end of the decade, and accelerate investments in decarbonization efforts, according to Morgan Stanley research.
Hyperscalers, which include Google (GOOGL.O), Microsoft (MSFT.O), Meta (META.O) and Amazon (AMZN.O), are driving the swift proliferation of electricity-guzzling data centres to expand their artificial intelligence and cloud computing technologies.