The global economy is experiencing the largest capex cycle ever, with nearly $5 trillion seen by the end of the decade—and it’s not all AI spending
- Posted on May 10, 2026
- By Fortune
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- 1 min read
The global economy is experiencing the largest capex cycle ever, with nearly $5 trillion seen by the end of the decade—and it’s not all AI spending
At the same time, AI capital spending, while overlapping with the energy transition somewhat, is also galloping ahead full speed.
