AIFinancial Times1h ago

Google, Amazon, Microsoft, and Meta spent a combined $1.1T in capex

Google, Amazon, Microsoft, and Meta spent a combined $1.1T in capex from the start of the AI boom in 2023 through June 2026 and plan to spend $745B this year

Google, Amazon, Microsoft and Meta have vastly increased their investments since the AI boom began in 2023

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Source: Financial Times · Opens in new tab