Private sector spending on artificial intelligence categories reached a historic annualized pace of $1.5 trillion during the second quarter of 2026. This figure represents a 25% year-over-year increase, reflecting a $300 billion jump in capital allocation compared to the previous year.
The expansion in AI-related spending has established the technology as a primary driver of United States economic development. Growth in this sector was fueled largely by increased expenditures on computer hardware and peripheral equipment.