Big Tech to Spend $650 Billion This Year as AI Race Intensifies

Toqir Shah 0
Four of the biggest US technology companies together have forecast capital expenditures that will reach about $650 billion in 2026 — a mind-boggling tide of cash earmarked for new data centers and the long list of equipment needed to make them tick, including artificial intelligence chips, networking cables and backup generators.

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Toqir Shah

Throughout my distinguished career, I have amassed an impressive 33 years of experience in the banking sector. With an unwavering commitment to excellence, I dedicatedly worked 16 hours a day, from 8 am to 12 pm, ensuring the utmost professionalism and diligence in my responsibilities. Having completed my tenure in the banking industry, I now seek to embark on a new journey and explore fresh opportunities.

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