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AI Race Sends Big Tech’s Capital Spending to Stratospheric High

Four of the biggest US technology companies together have forecast capital expenditures that will reach about $650 billion in 2026 — a mind-boggling tide of cash earmarked for new data centers and the long list of equipment needed to make them tick, including artificial intelligence chips, networking cables and backup generators.

Four of the biggest US technology companies together have forecast capital expenditures that will reach about $650 billion in 2026 — a mind-boggling tide of cash earmarked for new data centers and the long list of equipment needed to make them tick, … [483 chars]

Source: Bloomberg | Published: 2026-02-06T01:27:16Z

Credit: Bloomberg

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