UBS Predicts $1.3T AI Investment by 2030

UBS predicts a massive surge in global AI spending, with companies expected to invest over half a trillion dollars by 2026. This significant increase is driven by strong growth and a growing need for powerful computing. UBS raised its forecasts, estimating AI capital expenditure to reach $423 billion in 2025 and $571 billion in 2026. Overall spending could potentially reach $1.3 trillion by 2030, representing a 25% annual growth rate. Recent large deals, such as OpenAI and Amazons $38 billion agreement and Microsofts $9.7 billion data center purchase, demonstrate the increasing demand for computing power needed for complex AI applications. UBS believes this surge in AI investment will be a major driver for stock markets, suggesting investors consider adding exposure to this theme.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.