Goldman Sachs forecasts artificial intelligence spending will reach $1.4 trillion by 2027
Published 11h ago · Latest report 9h ago · Economic report
Affects United States · Covered in 2 countries
Goldman Sachs projects worldwide artificial intelligence spending will climb to $1.4 trillion by late 2027.
Financial institution Goldman Sachs projects that annualized global spending on artificial intelligence hardware and intellectual property will grow to $1.4 trillion by late 2027. The investment banking firm expects the technology to remain the primary driver of corporate capital expenditure throughout the forecast period. This outlook highlights the massive scale of ongoing investments flowing into the sector.
- The timelineSpending is projected to reach the milestone target by the conclusion of 2027.
- The scopeThe figures account specifically for hardware and intellectual property investments.
Why it matters
As companies rush to build out advanced computing infrastructure, predicting the exact scale and sustainability of artificial intelligence capital expenditure has become crucial for global technology markets and energy grids alike.
By the numbers1
How outlets cover it
What outlets agree on
Goldman Sachs expects artificial intelligence investment to dominate business expenditure through 2027, reaching $1.4 trillion in annualized spending.
In this story
Covered by 2 outlets
50% of the sources are Left
Lean ratings via AllSides, Media Bias/Fact Check
- The IndependentGoldman Sachs forecasts AI spending will hit $1.4 trillion by end of 20279h ago · open ↗
- CNAAI to stay dominant force behind US business investment in 2027, Goldman says11h ago · open ↗
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