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Big Tech capex set to hit $650 bn

Financial Express Kolkata

|

February 07, 2026

Planned spending on Al in 2026 near or more than past three years’ combined budget

- MATT DAY & ANNIE BANG

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 centres and all the gear housed within them.

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