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Tech giants AI spending to exceed USD 1 trillion in 2027, lift US growth: UBS

Tech giants AI spending to exceed USD 1 trillion in 2027, lift US growth: UBS

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Investment by major technology companies in artificial intelligence (AI) infrastructure is expected to exceed USD 1 trillion in 2027 as demand for computing capacity continues to outstrip supply, supporting US economic growth despite rising financing needs, according to a report by UBS.

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