The artificial intelligence (AI) boom is reshaping the commercial real estate landscape as Big Tech companies pour unprecedented amounts into infrastructure expansion. Industry giants Amazon (AMZN), Meta Platforms (META), Microsoft (MSFT), and Alphabet (GOOG, GOOGL) have collectively invested $50 billion in AI-related initiatives in 2024 alone.

Yahoo Finance Reporter Akiko Fujita analyzes how this aggressive AI expansion has led to tech giants competing for available land to build essential data centers, creating intense competition in the commercial real estate market.

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This post was written by Angel Smith