Analysis: Meta, Alphabet, Microsoft, and Amazon's combined capex hit a record $130B in Q1 and is projected to reach $725B in 2026, up 77% from $410B in 2025 (Financial Times)
Meta, Alphabet, Microsoft, and Amazon collectively spent a record $130 billion in capital expenditures in the first quarter, signaling aggressive investment in infrastructure and technology. Projections indicate their combined capex could reach $725 billion by 2026, a 77% increase from the $410 billion expected in 2025. This surge reflects growing commitments to data centers, cloud computing, and AI development across the tech giants.
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