Tech sector pours $1T into AI and sends customers the bill

Spending on AI infrastructure is pushing tech sector expenditure to historic levels, and enterprise customers are already footing the bill through higher software and hardware prices. John-David Lovelock, Distinguished VP Analyst at Gartner, told The Register that tech companies' own technology spending already amounted to around $1 trillion and was set to grow by 34.7 percent in 2026. The colossal splurge is driving global sales, leading Gartner to raise its 2026 estimates to $6.37 trillion, a