Tech giants' AI spending to exceed $1 trillion in 2027, lift US growth: UBS
ET AI (The Economic Times)
Read the full articleUBS projects that major tech companies will spend over $1 trillion on AI infrastructure in 2027, fueling US economic growth despite rising financing pressures. AI investment boosted US GDP growth by 0.75 points in early 2026 but has yet to significantly impact overall productivity or unemployment.
