Goldman Sachs Projects Big Tech AI Infrastructure Spending to Hit $1.2 Trillion in 2027

Artificial intelligence infrastructure spending by the five largest U.S. hyperscalers will reach $1.2 trillion in 2027, up from $800 billion this year, Goldman Sachs Group strategists said, according to a Friday (Sept. Goldman Sachs Group’s forecast for next year is higher than the Wall Street consensus of $1.1 trillion, according to the report.