BIG TECH TO POUR $650B INTO AI IN 2026 $GOOGL, $AMZN, $META, and $MSFT plan to spend about $650 billion next year on data centers, chips, and infrastructure as the AI race intensifies — a level of investment unmatched this century. Spending is up roughly 60% year over year, driven by the belief that AI will become a winner-takes-most market. Amazon alone plans $200B, Alphabet $185B, Meta up to $135B, and Microsoft about $105B. The massive buildout is straining energy supplies, labor, and chip production, raising concerns about bottlenecks — but none of the companies is willing to fall behind.