AI Capex: the $73 Billion Opportunity Beyond the Gpus (part 1/2): BI Replay

First in a series of webinars hosted by Bloomberg Intelligence and BloombergNEF exploring the impact of the global AI data center build-out on industrial equipment and power demand. The market for data-center electrical infrastructure could grow to $73 billion by 2028, driven by novel technologies such as liquid cooling and high-capacity UPS. New data centers must be built to cater for generative AI, while existing ones need retrofitting. Power-hungry systems that generate more heat and require greater power density are key drivers of demand for electrical equipment. Breakthroughs, such as those by DeepSeek, are set to change the course for AI adoption and could require more compute power for inference purposes, with potential to more than offset any AI training-related demand slowdown for equipment. Join Bloomberg Intelligence on May 13 at 9 am EST for a discussion of the $73 billion AI spending opportunity that exists beyond the GPUs. Omid Vaziri, Mustafa Okur, Scott Levine and Christina Feehery will explore the evolving opportunities for industrial companies including Schneider Electric, Vertiv, Johnson Controls and Quanta Services as rising manufacturing capacity eases constraints and AI-driven investment lifts demand. We will also discuss what the efficiency gains from new Large Language Models like DeepSeek could ultimately mean for AI-capex and the outlook for electricity consumption and electrical equipment sales.