Big Tech earnings week delivered a clear message: the AI spending race is accelerating, and investors are not sure they like it. Alphabet, Amazon, and Meta collectively announced over $600 billion in 2026 capital expenditure, with the majority directed toward AI infrastructure. Stocks dropped across the board.

The market's verdict: AI capability is impressive, but the path from spending to returns remains unclear.

Big Tech AI Spending Big Tech's combined $600B AI spend is larger than most countries' GDP

Sign in to read the full article

Continue reading — 5 more minutes of in-depth content, code examples, and insights.

Sign in with Google

Free access. No credit card required.

Comments(0)

No comments yet. Be the first to share your thoughts!

Sign in to join the conversation

Share your thoughts, ask questions, and connect with other readers.

Sign in with Google