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Artificial intelligence is becoming a powerful engine for economic growth. Companies are investing heavily in data centers, chips, cloud infrastructure and energy production capacity, setting off an unprecedented wave of capital expenditure. Companies are competing to build the computing power needed to build the next generation of artificial intelligence and invest billions of dollars in AI infrastructure. This type of expenditure is channeled outward to the wider economy, boosting demand for construction, manufacturing, technology, and energy, while generating new investment opportunities. If this trend continues, AI may become one of the biggest capital drivers for economic growth in recorded history.
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Artificial intelligence is becoming a powerful engine for economic growth. Companies are investing heavily in data centers, chips, cloud infrastructure and energy production capacity, setting off an unprecedented wave of capital expenditure. Companies are competing to build the computing power needed to build the next generation of artificial intelligence and invest billions of dollars in AI infrastructure. This type of expenditure is channeled outward to the wider economy, boosting demand for construction, manufacturing, technology, and energy, while generating new investment opportunities. If this trend continues, AI may become one of the biggest capital drivers for economic growth in recorded history.
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