Big Tech’s $725 billion AI investment is under threat as oil surges to $100 a barrel, fueled by Middle East conflict, Red Sea attacks, and Ukraine drone strikes—all disrupting supply chains and hiking energy costs for data centers. With global inventories depleted and governments tapping reserves, soaring oil prices are bleeding into every tech expense, from server power to hardware, forcing companies to rethink their AI spending amid rising inflation and household strain.
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