Meta, Amazon, Microsoft and Google are expected to spend $750 billion on capital expenditures this year, mostly on AI data centers, per Bloomberg. That is up more than 80% from last year's $410 billion.
Big Tech expected to spend $750B on capex this year, mostly on AI data centersAI News
Meta, Amazon, Microsoft and Google are expected to spend $750 billion on capital expenditures this year, mostly on AI data centers, per Bloomberg. That is up more than 80% from last year's $410 billion.