AI Matters

Why it matters

Goldman Sachs: Big Tech to spend $1.2 trillion on AI by 2027

The Decoder Goldman Sachs expects Big Tech to spend $1.2 trillion on AI infrastructure by 2027, dwarfing Wall Street estimates

Goldman Sachs projects Amazon, Alphabet, Microsoft, Oracle, and Meta will spend a combined $1.2 trillion on AI infrastructure in 2027.

Why it matters

That spending flows into your phone bill, cloud costs, and stock market, since it's funded largely by the biggest tech companies.