🚨JUST IN: Bank of America warns $1 TRILLION in AI spending is set to dwarf the 1990s tech boom.

First reported Oct 16, 2026, 22:41 UTC

Source reports

🚨JUST IN: Bank of America warns $1 TRILLION in AI spending is set to dwarf the 1990s tech boom. Hyperscalers are expected to spend $1 TRILLION over the next 12 months, about 3% of US GDP, per BofA. That’s nearly triple the 1990s tech boom at 1.1%, and above the 1870s railroad… — @coinbureau (X), Oct 16, 2026, 22:41 UTC

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