US Data Center Boom Begins to Crowd Out Investment in Other Industries 🔹 The rapid expansion of artificial intelligence (AI) infrastructure is supporting US economic growth, but it may also be limiting investment in other industries. The Atlantic reports, citing economists and industry data. 🔹 According to the publication, Oracle, Microsoft, Amazon, Meta, and Alphabet plan to spend around $800 billion on capital expenditures in 2026. This figure has increased eightfold over the past decade. 🔹 The large-scale investments are already reflected in economic indicators. In the second quarter, private-sector investment spending outside real estate grew by 12.7% year over year, while equipment purchases increased by 21%. Computers alone contributed 0.7 percentage points to US GDP growth.