The AI infrastructure race is going deeper into the billions.
$AMZN plans around $200B in 2026 AI capital spending, followed by $MSFT at $190B and $GOOGL near $180–190B.
$META is targeting up to $145B, while $CRWV stands out for how capital-intensive its growth model is relative to expected sales.
$ORCL is also scaling aggressively with ~$50B planned.