AI capex projected at 3.6% of US GDP: Why the AI boom is bigger than the dotcom bubble, explains SBI MF

The surge in artificial intelligence investments has fueled strong economic growth in different parts of the world, particularly in the United States. However, the massive borrowing by hyperscalers and tech companies to fund their spending has also put upward pressure on long-term bond yields.

The scale of expenditure marks one of the largest capital spending cycles in history.