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 (Financial Times)
The AI build-out is now a three-quarter-trillion-dollar annual commitment from the four largest US platform companies.
Techmeme’s note points to Financial Times reporting that Google, Amazon, Microsoft, and Meta have spent $1.1T in capex since 2023. It says they plan $745B in spending this year. The same Techmeme cluster cites FT separately saying Amazon is raising AI infrastructure spending to $220B this year. Techmeme's note
Techmeme’s note points to Financial Times reporting that Google, Amazon, Microsoft, and Meta have spent $1.1T in capex since 2023. It says they plan $745B in spending this year. The same Techmeme cluster cites FT separately saying Amazon is raising AI infrastructure spending to $220B this year. Techmeme's note
score 7