AI Frenzy Spreading Over to Caterpillar, Oil Frackers
Caterpillar Inc., the company synonymous with yellow bulldozers and mining trucks, is getting a boost from another type of machinery.
Power generators and turbines, which keep data centers running, have become a dominant driver for the company as demand for artificial-intelligence infrastructure takes off globally.
Demand for artificial-intelligence infrastructure takes off globally.
Author's summary: AI boosts Caterpillar's machinery demand.
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