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US Set To Command 80% Of Global Computing Power By 2028 As AI Dominance Accelerates | Video

Asheville: The United States will command about 80 per cent of global computing power by 2028 as it extends its lead in Artificial Intelligence (AI), Treasury Secretary Scott Bessent has said. Speaking during a fireside conversation with Larry Kudlow in Asheville, North Carolina, Bessent described the US as the world’s AI superpower and said its share of global computing capacity was rising…

US Set To Command 80% Of Global Computing Power By 2028 As AI Dominance Accelerates | Video

Treasury Secretary Scott Bessent stated on September 1, 2026 that the United States will hold approximately 80 percent of global computing power by 2028, as it solidifies its position as the world's leading Artificial Intelligence (AI) superpower. This projection represents a significant increase from the 60 percent share of global computing capacity that the US held in 2025.

Bessent attributed this surge in US AI dominance to the policies of President Donald Trump, emphasizing that regulatory, tax, and energy policies have created a more stable environment for businesses to invest in factories, technology, and infrastructure. He highlighted that the administration's economic program focuses on ensuring regulatory, tax, and energy certainty for businesses.

In addition to its leadership in AI, the US is also benefiting from its robust energy sector as a major producer and exporter. Bessent noted that AI is no longer confined to the technology sector but is now being integrated into various industries such as manufacturing, pharmaceuticals, and supply-chain management. He pointed out that private-sector representatives actively participated in a G20 session during the North Carolina meetings, discussing how they are incorporating AI into their respective operations.

The transformation is still in its early stages, but Bessent believes it will contribute to job creation and industrial expansion. He emphasized that the US is just beginning to witness the full potential of AI's impact on employment and industrial growth. Furthermore, a technology track held in Chapel Hill by the Commerce Department and the White House technology office showcased American technology companies and the administration's strategy for private investment.

Bessent also highlighted the contribution of the AI expansion to construction activity through the development of data centers and related infrastructure. Construction unions have defended these projects against growing opposition. He described the US economy as resilient, with growth appearing to accelerate despite uncertainties caused by the Iran conflict. Overall, Bessent views the US's leadership in advanced computing as both an economic priority and a matter of national security.

Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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