AI data center boom pushes Caterpillar, Ford, and other US firms into new businesses
The big picture: Several major US automotive and heavy equipment manufacturers are reportedly modifying their business models to capitalize on the exploding demand for power equipment in AI data centers. Caterpillar, Cummins, Eaton, and Ford are among the major US industrial companies benefiting from the AI boom. Caterpillar is the world’s largest construction equipment manufacturer, […]
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