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big-tech-spending

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Big Tech's Q1 Capex Tops $130 Billion, with $700 Billion AI Projection for 2026Fortune
finance5 days ago

Big Tech's Q1 Capex Tops $130 Billion, with $700 Billion AI Projection for 2026

Alphabet, Amazon, Meta, and Microsoft disclosed combined first-quarter capital expenditures exceeding $130 billion, driven by AI infrastructure. The companies project over $700 billion in AI spending for 2026, up from $410 billion in 2025. Stock reactions varied, with Meta and Mi…

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