Goldman Sachs predicts Big Tech AI spending to reach $1.2 trillion by 2027

Investment bank Goldman Sachs has published a new forecast according to which the world's leading technology companies will collectively spend $1.2 trillion on the development of artificial intelligence infrastructure by 2027. The expected investments will exceed the current year's figures by more than 50 percent.

The large-scale investment cycle will include giants such as Amazon, Alphabet, Microsoft, Oracle, and Meta. According to the bank's analysts, the scale of expenditures as a percentage of global GDP will surpass the figures of the railway construction era in the 19th century.

Experts note that such aggressive capacity building may face significant constraints. The main barriers to the implementation of plans may be a shortage of electricity for new data centers, a lack of qualified personnel, and disruptions in the supply of memory and chips.

Record financial investments highlight the industry's transition to the stage of physical scaling of infrastructure for large-scale language models and autonomous agents, which require enormous computing power and next-generation data centers.