Deutsche Bank Flags Massive AI Spending 'With No Guaranteed Return' As Key Reason Behind Strong GDP Data - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

Deutsche Bank analysts raised concern on the crucial role of AI investments in the latest better-than-expected U.S. GDP data underscoring its significance in maintaining the country’s economic stability.AI Spending Anchors US Economic GrowthThe U.S. economy has been significantly bolstered by investments in AI-related sectors, according to a recent note from Deutsche Bank. The bank’s analysts, Adrian Cox and Stefan Abrudan, emphasized the pivotal role of tech-related spending in sustaining the country’s eco ...