Google, Microsoft, Meta and Amazon ‘Big Four’ to invest $2.4 trillion over the next few years, betting big on AI infrastructure - IT Home

Alphabet, Meta, Microsoft, and Amazon have committed nearly $2.4 trillion over the coming years for data centers, leases, energy, and equipment.

Bloomberg reports that Alphabet and Meta saw a sharp rise in outstanding commitments, while Amazon framed the spending as a continuation of early AWS expansion.

The surge underscores how the AI race is pushing capital expenditures to record highs.

It also reflects strong demand for cloud and AI compute, even as the long-term payoff of such massive investment remains uncertain.