Big Tech’s AI Spending Binge Just Ran Into a Very Expensive Problem
Big Tech’s AI buildout still looks huge, but the economics just got uglier. Reuters reported that Microsoft, Amazon, Alphabet, and Meta are expected to spend about $635 billion on AI infrastructure in 2026, up from $383 billion in 2025 and just $80 billion in 2019. That spending was already aggressive. Now it is colliding with … Read more