New Delhi, March 6 -- The private sector is now driving a once-in-a-generation capital expenditure (capex) boom, primarily fuelled by the growing global demand for artificial intelligence (AI) technologies, according to a report by Deutsche Bank Research.

This marks a significant shift from the long-standing dominance of public sector capex investments seen throughout the 20th century.

The report highlighted that in recent decades, the role of government funding in large-scale capex projects has been gradually declining, making way for the private sector to take the lead.

Key examples include the massive investments in telecommunications infrastructure, such as fibre rollout and mobile networks, along with the ongoing surge in AI-relat...