---
title: Financing the AI Buildout
url: https://www.ml-quant.com/papers/repec/nbr-nberwo-35865/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-10-23
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: RePEc:nbr:nberwo:35865
source_url: https://econpapers.repec.org/RePEc:nbr:nberwo:35865
featured: 2026-10-23
citations: unknown
topic: Portfolio & Allocation
---


# Financing the AI Buildout

Estimates show a 188 GW U.S. AI campus buildout requires nearly $9 trillion through 2032, shifting toward leases, joint ventures, and structures that raise leverage and opacity.

- Source: https://econpapers.repec.org/RePEc:nbr:nberwo:35865
- Identifier: RePEc:nbr:nberwo:35865
- Released: 2026-10-19
- First featured: Quant Letter No. 136 (2026-10-23): https://www.ml-quant.com/issues/2026-10-23/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Portfolio & Allocation
- Authors: Stijn Van Nieuwerburgh

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