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AI & Enterprise

Fed sees AI, data centre investment supporting manufacturing and construction demand

The Federal Reserve assessed that investment in data centres and AI is supporting demand in manufacturing and construction even as the broader U.S. expansion remains weak. In its Beige Book released on Sept. 2, the Fed said economic activity rose slightly through late August while AI-related demand stood out in several regions. Private forecasts from PwC and Morgan Stanley also project large long-term data centre capital spending, with constraints including power availability and rising costs.

AI & Enterprise

Gas turbines emerge as new AI infrastructure bottleneck after semiconductors

A shortage of gas turbines is emerging as a new bottleneck for AI development as demand to secure power for data centres surges, but supplies for natural gas generation fail to keep pace, Gigazine reported on Aug. 24. Some AI companies are building gas power plants on their own sites to cut long-term electricity costs. Manufacturers are signalling long lead times, while overall power equipment prices doubled from 2023 to 2025.

AI & Enterprise

AI shift success now about leadership, not technology

AI transformation has become a test of leadership rather than a simple technology rollout, TechRadar said. Companies are moving quickly to adopt generative AI and see potential gains in productivity and cost savings, but they also face staff resistance, unpredictable AI behaviour, higher-than-expected usage costs and trust issues. A PwC UK CEO survey showed widespread expectations of major change and broad adoption, yet only a small share said generative AI improved profitability over the past year.