Caterpillar’s power and energy business has become its fastest-growing sales unit, thanks to a surge in data center projects for AI use

So, here’s something that caught my attention — Caterpillar’s power and energy division is now its fastest-growing sector. And get this — thanks to a surge in data center projects for AI, they’re seeing big demand. According to /u/tekz writing in AI, the company expects this side of the business to boost their annual sales growth by around 5 to 7% through 2030 — which is a step up from their usual 4%. Now, here’s where it gets interesting — Caterpillar is planning its biggest factory investment in about 15 years to meet the rising need for AI infrastructure. The International Energy Agency predicts that electricity demand at data centers will triple by 2035. So what does this actually mean for you? Well, as AI keeps expanding, companies like Caterpillar are positioning themselves for the future — building the tools that power those massive data centers. It’s a clear sign that the AI boom isn’t just about software — it's fueling hardware and infrastructure growth too.