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AI's never-before-seen capital grab
A new analysis of the AI buildout shows its staggering scale: $10.3 trillion in estimated AI infrastructure investment through 2032. That amounts to 3.6% of GDP a year, dwarfing the investment booms that built America's railroads , highways, electric grid and telecom networks. Why it matters: The AI boom has become far too big and too costly for even the largest tech companies to finance alone. This has resulted in…