Meta, Amazon, Microsoft and Google are expected to spend $750 billion on capital spending this year
Reported by @unusual_whales on X. Not yet confirmed by an official source.
The numbers
- expected capital spending
- $750 billion
- increase from last year
- more than 80%
- last year's capital spending
- $410 billion
Sources
BREAKING: Meta, Amazon, Microsoft and Google are expected to pour $750 billion into capital spending this year, mostly on AI data centers, per Bloomberg. That’s enough to write a $5,500 check to every household in America. It’s up more than 80% from last year’s $410 billion.