AI Investment Drives US Economic Growth

The US economy beat estimates in the second quarter on a wave of artificial intelligence infrastructure on an epic scale. It sliced through data centers, expensive chips and power deals, and that relegated GDP and recession jitters to the side. The outcome: a dramatic reversal of growth, driven by digital technology and high-tex expenditure. Early mover AI technology pioneers have led the way on AI chip investments by a wide margin. Alphabet parent Alphabet Google, Amazon, Meta, and Microsoft are committing tens of billions of dollars into making AI-powered stronger. Alphabet alone committed over US$85 billion for 2025 alone, where much of it will go into powering data center expansion and cloud infrastructure.
https://crafmin.com/ai-spending-boosts-us-economic-growth/