Data Center Pipeline Slows As Canceled Projects Pile Up

AI Summary

The development pipeline for data centers in the United States is slowing despite strong demand driven by artificial intelligence capacity needs. Data center construction remains at record levels but faces increasing project cancellations.

Despite soaring demand for artificial intelligence capacity, there are signs that the pipeline of data centers is slowing. While the development of data centers is still at record levels and is driving overall growth in U.S. construction, the number...