It may not be a bubble but the numbers in ai are bonkers. Tech leaders sought to tamp down bubble concerns on earnings calls as they unveiled billions in new spending on data centers and other ai infrastructure. The four companies with the largest cloud footprints — aws, google, meta and microsoft — accounted for 44% of q1 data center capital investments The investment community reacted favorably to the plans presented by google and. All four ai hyperscalers have more than doubled their capital expenditures (capex) over the last five years Microsoft, an early investor in openai (the organization behind chatgpt), has more.
The answer, so far, is that they're not slowing down Amazon offered the most ambitious spending initiative among the four, aiming to shell out over $100 billion, up from $83 billion in 2024.
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