Macro Finance
The AI Spending Spree Comes With a Catch
Bloomberg Markets·August 22, 2026·1 min read
The AI boom relies on long-cycle investments in data centers, chips, and energy, while AI software evolves rapidly, says Sam Palmisano. If adoption slows or cheaper Chinese open-source models gain traction, Big Tech may need to reconsider its spending plans, potentially reshaping the current AI race.
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