US private AI investment hits record in Q3 2026

United States private fixed investment in information processing equipment and software surged at an annualized rate of 7.3 percent in the third quarter of 2026, reaching a record 1.77 trillion dollars. This marks the largest quarterly increase since the fourth quarter of 1983, driven by rapidly accelerating artificial intelligence spending. As a percentage of GDP, this investment reached a record 5.4 percent. Open article →