Big Tech Spending Booms on AI Race Frenzy

Four US tech giants – Alphabet, Amazon, Meta, and Microsoft – are planning massive investments of over $650 billion this year, mostly for new data centers and AI tools. This is the largest single-year capital spending in a decade, outpacing their combined budgets from the past three years. The companies are racing to dominate the growing market for AI technology.

Source: https://www.bloomberg.com/news/articles/2026-02-06/how-much-is-big-tech-spending-on-ai-computing-a-staggering-650-billion-in-2026