🦄 Startups & VC 1d ago · Ana-Maria Stanciuc

Big Tech has now committed more than $3 trillion to the AI build-out

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Big Tech has now committed more than $3 trillion to the AI build-out
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Alphabet, Meta, Microsoft, Amazon and Oracle have committed more than $3T to future spending on data centres, leases, equipment and energy, Bloomberg reports. Alphabet leads with more than $1T, followed by Meta with over $800B. Some of the leases run for 30 years. Five tech giants have lined up more than $3T in future spending […]
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