AI Boom Could Push Big Tech Investment Past $1 Trillion by 2027, UBS Says

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UBS projects that big technology companies will invest more than $1 trillion in artificial intelligence infrastructure by 2027. The spending is being driven by rapidly growing demand for AI. The investment is expected to boost US economic growth by roughly 0.75 percentage points. However, companies are facing rising cash flow pressures. Demand for their bonds is also reportedly weakening.

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