AI Spending Fuels US Inflation Outlook While India Targets Global AI Leadership

A Jefferies report warns that the surge in AI‑related capital spending by major tech firms could keep U.S. inflation elevated and force interest rates higher for longer, with markets now pricing in additional rate hikes through 2026. The analysis notes that AI capex is bolstering earnings growth but also widening reliance on a narrow group of AI‑linked stocks.

Salesforce South Asia President Arundhati Bhattacharya argues that India can become a major contributor to the global AI ecosystem by leveraging its talent pool, expanding R&D, and scaling AI‑focused skilling programs. Salesforce plans to train one million people in AI by 2030 and highlights India’s growing R&D centre, now the second‑largest after the United States.