Amazon, Google, Meta, Microsoft eye $635B in infrastructure spend

AIpocolypse Four tech megacorps intend to collectively fork out roughly $635 billion this year on capex, much of it for datacenters and AI infrastructure - more than the entire output of Israel's economy and well beyond all global cloud infrastructure services revenue generated last year.

The tech titans are all trying to outdo each other by spending eye-watering amounts on capex, the majority of which will go on AI and cloud expansion, but the big four - AWS, Microsoft, Google and Meta - are investing at a different scale.

Amazon says it expects to spend $200 billion in 2026, with most of that headed to AWS. Google is aiming to pump $180 billion into building and equipping datacenters, while Meta expects capex in the range of $115 billion to $135 billion, and Microsoft is running at a pace that implies around $120 billion a year in spending.

That adds up to $635 ...