Big Tech reveals $3T AI spending commitments
1 Oct 30 4:00 PM · 12d ago · 2 articles · 2 posts · 2 sources · development 1 of 1
Bloomberg reports that Alphabet, Meta, Microsoft, Amazon, and Oracle collectively hold more than $3 trillion in AI infrastructure spending commitments over the coming years. Alphabet accounts for $1 trillion of the total, with Meta contributing $800 billion.
“The five largest players in the data center race have committed more than $3 trillion in spending over the coming years, pointing to massive ongoing investment in AI infrastructure.”
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first by Bloomberg, 12d ago
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first by Bloomberg Tech, 12d ago
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Google, Meta, Microsoft, Amazon & Oracle have over $3T in future spending commitments, largely driven by AI infrastructure. Google alone has over $1T, nearly 8x a year ago. Their capital expenditures exceed operating cash flow, and stock buybacks have fallen 83%. Wall Street noticed and Google fell 12.6% yesterday. https://www…
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