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AI capital spending could hit $765 billion in 2026 and surpass oil and gas capex for the first time, Social Capital CEO Chamath Palihapitiya said. He added that
BWB News TV • 2026-08-24 16:51 UTC • By Billy Odell Tucker-Robinson
AI capital spending could hit $765 billion in 2026 and surpass oil and gas capex for the first time, Social Capital CEO Chamath Palihapitiya said. He added that compute is getting its first futures contract.
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