Original research · Version 1.0

US Data Centre Investment Research Index

A recurring index of American Commerce Review reporting on hyperscale data centres, AI infrastructure, power demand and state-level digital-infrastructure investment.

Last reviewed: 2026-09-08. Values remain tied to their stated source and project or regulatory stage. Missing values are not estimated.
Download current CSVDownload observations CSVFull methodology
Records

26

Rows or archive records currently included under this product's stated inclusion rules.

Source domains

1

Distinct source domains visible in the current research table. Archive indexes can also contain source labels retained inside the underlying articles.

Review schedule

Weekly archive refresh, with monthly review of project stage and power-demand terminology.

The review cadence is part of the dataset methodology. Material events can trigger an earlier update.

Version control

v1.0

Last reviewed 2026-09-08. Historical observations are preserved rather than silently rewritten where context matters.

Dataset measure

Indexed research items

26

Dataset measure

Categories represented

2

Dataset measure

Primary topics represented

26

Dataset measure

Coverage window

2024-09-06 to 2026-10-07

Dataset measure

Structured observations

6

What the research currently shows

This index is designed to connect data-centre construction with the industrial and power-system effects that determine whether announced capacity can actually be delivered.

State-level location economics, electricity availability and transmission constraints are retained as part of the research context rather than stripped from project announcements.

Questions this dataset is built to answer

  • Where is new US hyperscale and AI data-centre investment clustering?
  • Which projects are constrained by grid connection, generation or transmission availability?
  • How often do announced projects progress to construction and operation?

Hyperscale

Large-scale cloud or platform infrastructure where the source or operator identifies hyperscale characteristics.

AI infrastructure

Physical compute, data-centre, power or networking infrastructure built materially for AI workloads.

Power demand

Operator, utility or government-disclosed power requirement. Unverified estimates are excluded.

Source hierarchy

  1. Primary official sources, company filings, regulator publications and operator disclosures are preferred for factual dataset records.
  2. High-quality wire reporting or specialist trade reporting with an explicit attributable source trail may be used where it adds a dated physical-project fact not available in a practical first-party source.
  3. Secondary press, estimates and promotional claims are not promoted into dataset facts unless their status and provenance are clearly labelled.

Data quality controls

  • Observation date and publication date are kept distinct where the underlying fact is time-sensitive.
  • Announced, planned, under-construction and operating states are not collapsed into one status.
  • Parent programme IDs distinguish child-site milestones from wider investment programmes so nested values are not silently double counted.
  • Reported results, management guidance, analyst opinions and policy targets remain separate evidence classes.
  • Missing values remain missing rather than being filled with inferred or modelled estimates.
  • Historical observations preserve earlier stated values and milestones rather than silently replacing them with the newest figure.
  • Material revisions are recorded so later updates do not erase the historical basis of an earlier observation.
Revision history

8 Sep 2026: added formal project-stage, power-demand and location-economics definitions to the archive index.

Evidence timeline

These dated observations preserve additional evidence about how investment commitments, project stages, regulatory milestones and ecosystem measures changed over time. They are not treated as additional current totals. Where a later disclosure supersedes an earlier figure, both observations remain visible with their dates and source context.

US Data Centre Investment Research Index: historical observations. Showing 6 of 6 records.
2025-08Oracle ShackelfordOracle contracted a Texas data-centre development with 115MW of power available and delivery targeted for first half 2027TexasOpen sourcePower figure is a project-level disclosed input, not an assumption about eventual AI utilisation.
2025-09Microsoft Wisconsin AI infrastructureMicrosoft described more than $7bn of Wisconsin investment commitments across its initial and additional programmesWisconsinOpen sourceProgramme commitment retained separately from individual facility completion milestones.
2025-10Oracle Zettascale10 / AbileneOracle positioned Abilene as the flagship site for its multi-gigawatt OCI Zettascale10 AI-cluster architectureTexasOpen sourceArchitecture-level multi-gigawatt capability is kept separate from commissioned site capacity.
2025-10Meta Hyperion financingMeta and Blue Owl announced a joint venture to develop the Hyperion data-centre projectLouisianaOpen sourceFinancing structure is retained because it affects who bears capital and development exposure.
2026Oracle AbileneOracle reported 42% of total site capacity delivered on its current Abilene project pageTexasOpen sourceA delivered-capacity percentage is a stage observation rather than a final MW figure.
2026-06-23Microsoft Mount PleasantFirst datacentre facility completed and operational; Microsoft estimated $4.7bn of local hyperscale construction spending across 2024-2028WisconsinOpen sourceOperational milestone for the first facility; a second facility remained under construction for 2028 completion.
US Data Centre Investment Research Index, version 1.0. Showing 26 of 26 records.
2026-10-07Enterprise AI Is Becoming an Infrastructure Decisiontechnologyenterprise AI infrastructureNIST — AI Risk Management FrameworkOpen source
2026-09-19Solidigm Considers First US NAND Factory as AI Memory Demand SurgestechnologySolidigm US NAND factoryReuters: Solidigm weighs US NAND factoryOpen source
2026-09-19Amazon's $2.4 Billion Generac Deal Shows How AI Data Centres Are Reshaping Backup PowertechnologyAmazon Generac data center dealGenerac-Amazon data-centre generator agreementOpen source
2026-09-17SK Hynix Is Exploring US Memory Production Options as Intel's Ohio Fab Enters the ConversationtechnologySK hynix Intel Ohio memory chipsSK hynix: no US memory-production plan has been confirmedOpen source
2026-09-16US Enterprise AI Spending Tracker: Where Companies Are Putting Real Money Into AItechnologyUS enterprise AI spendingUS Department of Energy: data centers and electricityOpen source
2026-09-10Harmoni Raises $10 Million to Bring AI to the Factories America Already HascompaniesHarmoni AI factoriesHarmoni: $10 million Series A and HAL launchOpen source
2026-09-09US AI Infrastructure Project Database: Data Centres, Chips and State InvestmentcompaniesUS AI infrastructure projectsU.S. Energy Information AdministrationOpen source
2026-09-09Arizona's AI Semiconductor Economy: TSMC, Advanced Packaging and a $265 Billion Manufacturing BettechnologyArizona semiconductor economyArizona Commerce Authority: TSMC expands US investment to $265 billionOpen source
2026-09-07US Data Center Investment by State: Where the AI Buildout Is ConcentratingcompaniesUS data center investment by stateU.S. Energy Information AdministrationOpen source
2026-09-07The Largest US Semiconductor Companies: Nvidia, Broadcom, AMD, Qualcomm, Micron and Intelcompanieslargest US semiconductor companiesSEC EDGAROpen source
2026-09-05West Virginia's $81 Billion Data Center Wave Is Rewriting the State Investment MapcompaniesWest Virginia data center investmentWest Virginia Governor: more than $81bn in new investmentOpen source
2026-09-05Texas Built America's Data Center Boom. Now It Wants Big Tech to Pay the Full Infrastructure BillcompaniesTexas data center rules 2026Office of the Texas Governor: June 10 data center directiveOpen source
2026-09-04Microsoft Will Report Azure Revenue Directly: Why the Change MatterstechnologyMicrosoft Azure revenueReuters on Microsoft Azure reporting changeOpen source
2026-08-2120 of the Largest Technology Employers in the UStechnologylargest technology employers USSEC EDGAR company filingsOpen source
2026-08-08American Capital Spending Is Holding Up, and AI Hardware Is Helping Drive ItcompaniesUS business capital spending 2026Primary data: U.S. Census Bureau and Department of Commerce factory-order and manufacturers' shipments data for June 2026. Additional context: Reuters reporting, 4 August 2026; BEA second-quarter investment data.Open source
2026-08-0115 Best US Cities for Technology Jobstechnologybest US cities for technology jobsBLS - Computer and Information Technology OccupationsOpen source
2026-07-30Amazon Raised Its Investment Plan to $220 Billion as AWS Growth AcceleratedtechnologyAmazon AWS revenue Q2 2026Sources: Amazon second-quarter 2026 results and investor materials; Reuters reporting on Amazon earnings and capital-spending guidance, 30 July 2026.Open source
2026-07-29Microsoft's Azure Growth Reaccelerated as AI Spending Began Converting Into RevenuetechnologyMicrosoft Azure growth 2026Sources: Microsoft fiscal fourth-quarter 2026 results and investor materials; Reuters reporting on Microsoft cloud growth and AI spending, 29 July 2026.Open source
2026-07-09Where America's Tech Companies Cluster: 12 Leading Statestechnologystates with most technology companiesUS Census County Business PatternsOpen source
2026-06-30A 4.5% Drop in Durable-Goods Orders Looks Worse Than the Underlying US Investment PicturecompaniesUS durable goods orders May 2026US Census Bureau — Economic IndicatorsOpen source
2026-06-2612 US States With the Largest Construction Industriescompanieslargest construction statesBEA GDP by State and IndustryOpen source
2026-06-2418 of the Largest US Software Companies by Revenuetechnologylargest software companies USCompaniesMarketCap software companies by revenueOpen source
2026-06-1112 of the Largest Data Center Markets in the United Statestechnologylargest data center markets USCBRE Global Data Center Trends 2026Open source
2026-06-03Pennsylvania and Indiana Show How the AI Data-Centre Race Has Become State Industrial PolicycompaniesAmazon AI data center investment statesCommonwealth of Pennsylvania: Amazon plans $20bn AI infrastructure investmentOpen source
2026-05-21America Has a Huge STEM Workforce. Women Still Enter Its Core Tech Jobs at a Much Lower Ratecompanieswomen in tech workforce USNSF: The State of U.S. Science and Engineering 2026Open source
2024-09-06Palantir's S&P 500 Entry Marked Its Transition From Outsider to Large-Cap InstitutioncompaniesPalantir S&P 500 2024S&P Dow Jones Indices: Palantir to join S&P 500Open source

Dataset methodology

Scope

ACR reporting where US data-centre construction, investment, capacity, power demand or location economics are central.

Inclusion criteria

The article must identify a US project, market, company or state-level investment theme and retain a dated source trail.

Exclusions and limitations

Generic AI software coverage, overseas data centres and articles without a material physical-infrastructure component are excluded.

Revision policy

The index is rebuilt from the publication archive as new qualifying reporting is added. Historical article dates and source attribution remain unchanged; new observations are appended rather than backfilled with inferred facts.

Reuse and attribution

Journalists, researchers and analysts may quote figures with attribution to American Commerce Review, the dataset version and review date. For substantial republication, chart reuse or data licensing, contact editor@americancommercereview.com.