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US Tech Giants Commit $850B to Data Center Leases, Up 204% Year-Over-Year

GateNews
AI Industry News

According to BlockBeats, on July 5, U.S. tech companies committed a record $850 billion to data center leases, up 204% year-over-year and 31% sequentially.

Meta added $79 billion in data center commitments in Q1 2026, bringing its total to $183 billion. Microsoft added $41 billion, reaching a total of $197 billion. Oracle leads with $250 billion in total commitments and has secured key data center resources for its partnership with OpenAI.

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