According to @KobeissiLetter, U.S. private fixed investment in information processing equipment and software reached 4.4% of GDP in Q2 2025, the second-highest on record and just below the 4.5% peak in Q4 2000 before the 2001 recession, source: The Kobeissi Letter. Total spend hit a record $1.35 trillion in Q2, rising by $502 billion since 2020 for a 59% increase and roughly doubling over the past decade, source: The Kobeissi Letter. The source characterizes this as a historic AI investment boom and does not cite specific crypto-market impacts, so traders can note the scale and acceleration of AI capex as contextual macro data when assessing risk sentiment in tech and digital assets, source: The Kobeissi Letter.