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Big Tech's $635 billion AI spending faces energy shock test, S&P Global says

By Reuters March 31, 2026 Bearish
Big Tech's $635 billion AI spending faces energy shock test, S&P Global says
Massive investments in artificial intelligence that underpinned record runs in equities face a major hurdle as the Middle East ​crisis clouds prospects for growth and energy costs, said Melissa ‌Otto, head of research at S&P Global Visible Alpha.
Massive investments in artificial intelligence that underpinned record runs in equities face a major hurdle as the Middle East ​crisis clouds prospects for growth and energy costs, said Melissa ‌Otto, head of research at S&P Global Visible Alpha.