AI capital expenditure forecast to exceed the cost of building railways in both the U.S. and the U.K. — with the internet add
AI capital expenditure forecast to exceed the cost of building railways in both the U.S. and the U.K. — with the internet add

Artificial intelligence capital expenditure is projected to surpass the combined cost of building railways and the internet in both the United States and United Kingdom, according to accounting firm PwC.

The buildout of AI differs from the development of railways and the internet because of its unprecedented scale and rapid spending growth, PwC said.

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