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Massive AI buildout poses the latest inflation threat for consumers and the Fed
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Massive AI buildout poses the latest inflation threat for consumers and the Fed

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American consumers — and the Federal Reserve — are being hit with another high-cost headache. The gusher of investment in data centers — likely topping $700 billion this year — to power artificial intelligence has made memory chips, computer processors, and other equipment, as well as electricity mo

WASHINGTON (AP) — American consumers — and the Federal Reserve — are being hit with another high-cost headache. The gusher of investment in data centers — likely topping $700 billion this year — to power artificial intelligence has made memory chips,... [6101 chars]

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Source: AP News

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