Big Tech's $635 billion AI spending faces energy shock test, S&P Global says - Reuters
Big Tech's $635 billion AI spending faces energy shock test, S&P Global says Reuters
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"The era of manually writing code as the core act of engineering is over."
— Zubin Appoo , Executive
"It’s a legitimate concern [when] you look at the capabilities with coding with, say, a Claude and what Anthropic’s done … and you really have to question if enterprise software companies can survive."
— Jenny Johnson , Celebrity
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<a href="https://news.google.com/rss/articles/CBMivAFBVV95cUxNZzBseURLM25nc3R5UDZ1bDBDWkVZLV9mc014WmQ4bXg3TEUzb1V4bDZSUFNQR3lySVh5WExjQVM1V0J3MDNWQmZGeDNtUWJEbTdiUGplcFpaMWZ5RDhCRFE3d1VjZnBvTFE2WE9xYk1fZlBHaTJTeVpPWVdBdWh5VjZ1VGsybHE0Y05zOGo1S29Md2ZIOWtuYTlnQjlhUGZsbE9ub3NaQ1poWlFfa194NVFTSU1nQXhvNDViaA?oc=5" target="_blank">Big Tech's $635 billion AI spending faces energy shock test, S&P Global says</a> <font color="#6f6f6f">Reuters</font>
S&P Global warns that the $635 billion AI investments by major tech companies may face challenges due to rising energy costs amid Middle East conflicts.
U.S. tech firms are encountering heightened borrowing costs as they invest heavily in AI infrastructure, with plans to spend over 2% of GDP this year on AI.
Data center capital expenditure reached $770 billion in 2025, surpassing investments in upstream oil and gas activities, with AI-driven growth boosting demand for power and energy equipment worldwide.
A report by Citrini Research highlighted concerns over the impact of massive AI investments by tech giants, contributing to a significant market selloff.
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