Big Tech plans $650B AI spend in 2026, raising questions for industry future
Amazon, Google, Microsoft, and Meta are projected to collectively spend around $650 billion this year on AI-focused capital investments. The funds will go toward data centers, AI chips, and related infrastructure as the companies race to dominate AI platforms and services. Amazon leads with a $200B target, while Google’s spend will reach up to $185B. The scale of investment signals a long-term bet on AI’s central role in future business and technology models.
The AI race is intensifying—with massive capital bets setting a high bar for innovation, competition, and long-term ROI.
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