Reported 2 days ago
Big Tech companies plan to invest hundreds of billions in building extensive data centers for AI, but President Trump's tariffs on imports could raise construction costs significantly. Analysts predict that tariffs on materials like steel and copper could increase construction expenses by 3% to 5%, complicating efforts to expand AI infrastructure. Despite the added costs, companies such as Amazon, Microsoft, Google, and Meta may continue to invest heavily in AI capabilities.
Source: YAHOO