Tech companies are spending an unprecedented $700 billion this year on AI data centers. Nvidia’s Jensen Huang says we’re not anywhere near the peak
- Posted on February 26, 2026
- By Fortune
- 8 Views
Tech companies are spending an unprecedented $700 billion this year on AI data centers. Nvidia’s Jensen Huang says we’re not anywhere near the peak

Can the industry's massive spending on AI infrastructure really keep doubling every year?