There is no way the hyperscalers are going to make back their $5.3 trillion — unless they take it out of the taxpayers, via massive government subsidies. (opens in new tab)

There is no way the hyperscalers are going to make back their $5.3 trillion — unless they take it out of the taxpayers, via massive government subsidies. Which is exactly what they are going to try to do. Rohan Paul (@rohanpaul_ai) Goldman Sachs is now saying the AI race has become a $5.3T capital-spending cycle. with that figure covering expected hyperscaler spending on AI and data centers from 2025 through 2030. AI infrastructure is starting to strain normal financing channels, because the ...