Big Tech AI Infrastructure Spending Surpasses $1 Trillion With $745 Billion More Expected in 2026
Amazon, Google, Meta, and Microsoft have collectively invested over $1.1 trillion in AI infrastructure since 2023, with plans to add $745 billion more in 2026 alone. The massive AI spending spree is straining supply chains, causing memory chip shortages, and putting pressure on free cash flow despite accelerating cloud revenue growth.