What AI's spending boom is really buying

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What AI's spending boom is really buying

axios.com/2025/09/09/data-centers-ai-spending-boom

Tech giants' astronomical spending on AI infrastructure comes with a colossal hedge: In a crucial way, it's not really spending on AI at all.
Why it matters: Most of the hundreds of billions of dollars in AI-related capital investment today is going into computing power, hardware and…

This story appeared on axios.com, 2025-09-09 08:03:42.