The global economy is experiencing the largest capex cycle ever, with nearly $5 trillion seen by the end of the decade—and it’s not all AI spending
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The global economy is experiencing the largest capex cycle ever, with nearly $5 trillion seen by the end of the decade—and it’s not all AI spending

May 10, 2026
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At the same time, AI capital spending, while overlapping with the energy transition somewhat, is also galloping ahead full speed.

The global economy is experiencing the largest capex cycle ever, with nearly $5 trillion seen by the end of the decade—and it’s not all AI spending
Fortune
Fortune

Coverage and analysis from United States of America. All insights are generated by our AI narrative analysis engine.

United States of America
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