Major technology firms are gearing up for the largest wave of AI investments ever seen. Alphabet, Amazon, Meta, and Microsoft are projected to invest $650 billion into AI infrastructure by 2026 — a significant increase compared to the previous year. Bridgewater cautions that this signifies a 'more perilous stage' of the AI surge as the demand for computing skyrockets, companies scale back on buybacks, and increasingly depend on external funding. The risks now extend well beyond major tech firms, affecting software developers, data suppliers, the stock market, and even electricity costs. Is this the dawn of a new technological revolution or a precursor to a market downturn?
