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Big Tech will spend nearly $700 billion on AI this year. No one knows where the buildout ends

  • Posted on April 30, 2026
  • By Fortune
  • 0 Views
  • 1 min read
Big Tech will spend nearly $700 billion on AI this year. No one knows where the buildout ends
Big Tech will spend nearly $700 billion on AI this year. No one knows where the buildout ends

The hyperscalers are pouring unprecedented capital into chips, data centers, and power—but investors remain split on how long the surge can last.
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Author
Fortune

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