Big Tech will spend nearly $700 billion on AI this year. No one knows where the buildout ends
Fortune
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The hyperscalers are pouring unprecedented capital into chips, data centers, and power—but investors remain split on how long the surge can last.
Big Tech AI spending hits $700B
- Investors grapple with Big Tech's AI spending spree Semafor —
- Google cloud growth tops Microsoft and Amazon as all three beat estimates on AI demand CNBC —
- Google shares hit all-time high on blowout earnings, market cap doubles to $4.4 trillion in just a year Fortune —
- US Big Tech Ratchets Up AI Spending Past $700 Billion This Year Bloomberg —
- Big Tech’s AI payback might be coming into view Financial Times —