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Worldwide AI spending could hit $1.5 trillion by the end of 2025

zdnet.com Sabrina Ortiz 2025-09-27 22:30:33

Getty Images/BlackJack3D Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways Global AI spending has been on an upward trajectory. These expenditures will top $2 trillion in 2026. GenAI smartphones, AI-optimized servers lead spending. The AI boom has triggered widespread interest in AI adoption to optimize business processes and individual workflows. This demand has also been a catalyst for large-scale investments in AI infrastructure to support those goals, and a ne

Topics: ai gartner genai services spending

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People Still Spending on Tech Despite Red Flags in July Report

gizmodo.com Riley Gutiérrez Mcdermid 2025-10-24 21:13:03

U.S. consumers continued to open their wallets in July, a new study from the Bureau of Economic Analysis showed on Friday, underscoring the resilience of household demand even as inflation held above the Federal Reserve’s target. That doesn’t mean that they didn’t wince while doing it. The Federal Reserve’s preferred inflation gauge, the personal-consumption expenditures price index, rose 0.2% on the month and 2.6% from a year earlier. The core measure, which strips out food and energy, advan

Topics: consumers high inflation spending tech

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Did Nvidia Just Pop an AI Bubble? Here’s What the Market Says

gizmodo.com Riley Gutiérrez Mcdermid 2025-10-29 12:46:19

Lukewarm second quarter results from AI powerhouse Nvidia (NVDA) Wednesday have Wall Street bros and the analysts that love them catching all kinds of feelings. Long a bellwether for how the market views AI in general, the largest company in the world carries enough weight in its $1 trillion valuation to move entire indexes, let alone the tech sector. That was especially the case over the last two weeks, when handwringing over what Nvidia would say in its second quarter results on Aug. 27 reac

Topics: ai company market nvidia spending

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I Spent over $31,900 on Whiteout Survival – Here's Why I Regret It

news.ycombinator.com Unknown 2025-10-31 12:34:20

Hey everyone, I’ve been debating whether to post this for a long time. It’s not easy admitting this, but after stepping back and looking at the numbers, I feel like I need to share my experience—not for myself, but to warn others who might be heading down the same path. I’m using a throwaway account for obvious reasons, but I feel it’s important to put this out there and hopefully help someone avoid making the same mistakes I did. I started playing Whiteout Survival in December 2023 and played

Topics: feel game like spending time

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If the AI Bubble Pops, It Could Now Take the Entire Economy With It

futurism.com Unknown 2025-12-12 11:09:39

AI companies are pouring so much money into AI, experts are starting to warn that it may be propping up the entire US economy. As investor Paul Kedrosky told the Wall Street Journal, spending on AI infrastructure has already eclipsed spending on telecom and internet infrastructure during the dot-com crisis over two decades ago, raising the specter of a massive bubble. Kedrosky also floated the possibility that we haven't really felt the effects of president Donald Trump's tariffs due to the sc

Topics: ai companies economy infrastructure spending

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AI capex is so big that it's affecting economic statistics

news.ycombinator.com Unknown 2026-01-12 18:59:04

AI capex is so big that it's affecting economic statistics, boosting the economy, and beginning to approach the railroad boom As ever, here is what's ahead: Updates on prior pieces My most recent Rough Notes essay A few things worth reading I previously wrote about the perils of building renovation as a Fed chair, especially given an administration bent on finding a reason to fire you "for cause." As anyone who has renovated anything larger than a dog house knows, no one thinks what you spent

Topics: ai capex capital datacenter spending

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AI CapEx Is Eating the Economy

news.ycombinator.com Unknown 2026-01-13 00:59:04

AI capex is so big that it's affecting economic statistics, boosting the economy, and beginning to approach the railroad boom As ever, here is what's ahead: Updates on prior pieces My most recent Rough Notes essay A few things worth reading I previously wrote about the perils of building renovation as a Fed chair, especially given an administration bent on finding a reason to fire you "for cause." As anyone who has renovated anything larger than a dog house knows, no one thinks what you spent

Topics: ai capex capital datacenter spending

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Nearly Half of Americans Budget Based on Vibes. Should You?

cnet.com See Full Bio 2026-01-22 21:00:00

Your feelings about the economy can help you set a smarter money strategy. Massonstock/Getty Images Potential romantic partners. Your next vacation spot. Whether you should leave a party early. A vibe check can help you evaluate lots of things, including your money strategy. A June study by Intuit Credit Karma found that 44% of Americans surveyed have done "vibe-based budgeting." Gen Zers and millennials, in particular, are adjusting their spending and savings habits according to how they feel

Topics: based budgeting money spending strategy

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Musk backs Sen. Paul's criticism of Trump's megabill in first comment since it passed

cnbc.com Chris Eudaily 2026-02-09 06:08:06

Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Tesla CEO Elon Musk, who bombarded President Donald Trump's signature spending bill for weeks, on Friday made his first comments since the legislation passed. Musk backed a post on X by Sen. Rand Paul, R-Ky., who said the bill's budget "explodes the deficit" and continues a pattern of "short-term politicking over long-term sustainability." CNBC

Topics: debt house musk spending trump

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US economy shrank 0.5% in the first quarter, worse than earlier estimates

news.ycombinator.com Unknown 2026-02-25 21:23:40

WASHINGTON (AP) — The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s trade wars disrupted business, the Commerce Department reported Thursday in an unexpected deterioration of earlier estimates. First-quarter growth was weighed down by a surge of imports as U.S. companies, and households, rushed to buy foreign goods before Trump could impose tariffs on them. The Commerce Department previously estimated that the economy fell 0.2% in the first qua

Topics: consumer economy gdp quarter spending

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Can No-Buy July Help You Save Money? It Can Do So Much More

cnet.com See Full Bio 2026-02-27 06:00:00

Buying only the basics was easier -- and way more fun -- than I ever thought it could be. Jeffrey Hazelwood/CNET No-buy challenges have been around for a while but they're getting a new burst of energy this summer. Social media users are inviting newbies and veterans alike to curb overconsumption and save money with "no-buy July." Also called "low-buy July," the challenge doesn't mean spending no money at all. After all, you can't avoid paying for essentials like housing, food and utilities. B

Topics: buy challenge money spending things

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Latest Tech News

Worldwide AI spending could hit $1.5 trillion by the end of 2025

People Still Spending on Tech Despite Red Flags in July Report

Did Nvidia Just Pop an AI Bubble? Here’s What the Market Says

I Spent over $31,900 on Whiteout Survival – Here's Why I Regret It

If the AI Bubble Pops, It Could Now Take the Entire Economy With It

AI capex is so big that it's affecting economic statistics

AI CapEx Is Eating the Economy

Nearly Half of Americans Budget Based on Vibes. Should You?

Musk backs Sen. Paul's criticism of Trump's megabill in first comment since it passed

US economy shrank 0.5% in the first quarter, worse than earlier estimates

Can No-Buy July Help You Save Money? It Can Do So Much More

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