Tech giants AI spending to exceed USD 1 trillion in 2027, lift US growth: UBS
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.
Story file
- Section
- Tech
- Topics
- AI & gadgets
- First reported by
- Mint
- Reporter
- list.metadata.agency
- Published
- Wednesday, 21 October 2026, 9:26 am IST
- Coverage
- One outlet so far
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