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The Verge AI

Big Tech's AI data center spending shows no signs of slowing

Amazon, Microsoft, Alphabet, and Meta reported combined capital expenditures of at least $720 billion for the year, mostly on AI infrastructure, during recent earnings calls. Despite no clear returns yet, the companies show no intention of reducing their buildout pace. The article highlights the ongoing massive investment trend in AI data centers.

AI Brief

Provides concrete, recent data on Big Tech's AI infrastructure spending, valuable for understanding industry investment trends.

Graphic image of a data center.

After four of the biggest competitors in the AI race held quarterly earnings calls late last month, two things are clear: Big Tech is not done spending record amounts on the AI data center buildout, and the AI data center buildout is not any closer to yielding its promised returns.

A third thing is also starting to become clear - Big Tech will not be slowing down, at least not on its own.

Amazon, Microsoft, Alphabet, and Meta told investors they're planning to spend at least $720 billion on CapEx this year alone. Most of that will go toward AI infrastructure. That's on top of at least $1 trillion in spending commitments that have bee …

Read the full story at The Verge.

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