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economic growth

AI Spending Is Holding Up U.S. Growth. Big Tech’s $805 Billion Bet Shows Why

AI Spending Is Holding Up U.S. Growth. Big Tech’s $805 Billion Bet Shows Why

WASHINGTON, May 5, 2026, 08:18 (EDT) Artificial-intelligence infrastructure spending is ramping up fast, now acting as a key pillar for the U.S. economy. Former White House AI and crypto adviser David Sacks says dialing back that build-out at this point would actually drag on growth. On X, Sacks claimed AI was responsible for 75% of U.S. GDP growth in the
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