The Big Picture by PS editors

In just a few years, AI has become a cornerstone of the United States and global economies. AI-related companies have gained some $27 trillion in market value since November 2022, and just seven tech firms are expected to channel $725 billion toward capital expenditures this year, primarily on data centers and AI infrastructure. But such investments are largely circular and increasingly debt-financed, and revenues remain highly speculative.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *