AI 2 Oct 2026
Big Tech will spend $730 billion on AI this year
Four companies guide to $720–745 billion of 2026 capital spending, mostly on AI data centers.
Amazon, Alphabet, Microsoft and Meta have each guided to hundreds of billions in 2026 capital spending, mostly on AI data centers. Alphabet, Amazon and Meta all raised guidance at Q2 earnings.
- Amazon: ~$220B
- Alphabet: $195–205B
- Microsoft: ~$175B
- Meta: $130–145B
