According to CoinMeta, institutional reports indicate that American tech giants are expected to maintain their current investment plans in artificial intelligence (AI) in the short term. With the Democrats' clear victory in the elections, the market expects that the United States may strengthen regulation over the AI industry and data center construction. However, Michael Clautier, an economist and portfolio manager at a ICM investment bank, believes that the likelihood of a real shift in the US AI policy direction is not high, so hyperscalable cloud service providers are expected to continue with their current investment plans for now. Clautier pointed out that hyperscalable cloud service providers are an important source of long-term bond supply, and in the past two years, American tech giants have become a unique group of issuers in the investment-grade bond market.