The stakes for AI infrastructure spending are over a trillion dollars.

Physical AI is a large category representing a $50 trillion industry that has largely been void of technology until now

The companies investing in AI infrastructure today, such as Microsoft, Amazon, Google, Facebook, Nvidia, OpenAI, and Anthropic, are large, blue-chip companies with significant cash and debt capacity, unlike the new ventures of the dot-com era.

Four AI companies are spending almost $700 billion this year to build data centers across the United States.

Creating an AI model would cost millions of dollars in infrastructure.