AI spending by Big Tech has officially reached PARABOLIC levels.


In 2026, the four largest hyperscalers, $MSFT, $GOOGL, $AMZN, and $META, are expected to spend a combined $635 -$700 billion dollars on capital expenditures.
That is an increase of 67-74% from 2025, which already recorded a record $381 billion.
To finance this, hyperscalers are now expected to issue more than $400 billion dollars in new debt this year, more than DOUBLE the $165 billion they raised in 2025.
Alphabet itself has arranged financing including a 100-YEAR bond, an almost unheard-of maturity in modern corporate finance.
Meanwhile, Google has just committed $40 billion dollars to Anthropic, and Amazon has added another $5 billion dollars on top of its existing shares.
This means about 90% of Big Tech’s operational cash flow is now recycled into AI infrastructure, leaving very little room for buybacks, dividends, or mistakes.
Investors are no longer asked to bet on revenue... they are asked to bet whether AI revenue CAN EVER catch up to AI spending.
This week, we get the first real answer.
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GateUser-9b3a329c
· 8h ago
Bull Run 🐂
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