AI Hyperscaler Spending Is Entering Uncharted Territory: 3x the Telecom Boom
US hyperscaler AI capex could hit $916 billion and exceed $1.17 trillion next year, nearly tripling the telecom boom as a share of GDP.
Big tech companies are spending huge amounts of money building AI computers—way more than they spent on internet cables before. When companies spend this much on new stuff, watch if it actually makes them money or if they're just hoping it will.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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