Sky News
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Source: Sky News
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Wall Street is witnessing a fierce global race to fund artificial intelligence, with companies raising massive amounts through public offerings, bond issuances, and private funding rounds, totaling hundreds of billions of dollars. AI is being viewed as the future infrastructure of the economy, with projections that debt related to AI could reach $570 billion by 2026. Major technology companies are expected to spend around $700 billion this year on AI projects. Despite potential risks, investors remain strongly optimistic due to the huge profits generated by leading firms in the sector, viewing these investments as a rare opportunity to reshape the economic future.
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