BUSINESSMARKETWATCH
Meta and Amazon are leading a trillion-dollar Big Tech spending spree
Meta and Amazon are leading increased capital expenditures by Big Tech as AI infrastructure costs rise. Morgan Stanley reports these expenditures are on track to reach new records.
Mentioned
Related Signal
Adjacent reporting
- Meta is doubling down on its Louisiana AI data center
- Meta to spend an additional $40B to expand colossal Louisiana data center
- AI spending boom accelerates as Big Tech pours trillions into infrastructure
- Meta’s AI data center cost went from $10 billion to $50 billion in under 2 years—and split the town in two
- Micron, Intel, and AMD soared last quarter, adding over $2 trillion in market cap
- Billionaires’ billions are increasing faster than ever