The AI Arms Race Is Now a Spending Contest

[chainsniff]

Big Tech is betting that whoever builds the most data centers will win the AI era — and the numbers are staggering.

Amazon now plans to spend $200B in capex by 2026 across AI, chips, robotics, and satellites. Google isn’t far behind at $175–185B, while Meta is targeting up to $135B. Microsoft’s pace implies roughly $150B, and even Oracle is in for $50B.

The logic is simple: compute will be the scarcest resource of the AI age. But investors are recoiling at the sheer scale of the spending — and stocks are dropping accordingly. Owning the future, it turns out, is expensive.

#AI #BigTech #DataCenters #Capex #CloudComputing

[etfs]

the capex numbers are so big they’ve stopped feeling real. like yeah sure, another hundred billion, why not