Microsoft, Amazon, and Alphabet to Spend $600 Billion on AI in 2026 | KuCoin

CoinDesk reports:

Key points

• The investment scale of three tech giants is approaching $600 billion.
• Cloud business growth accelerated, but cash flow came under pressure.
• The upcoming earnings report will test market confidence in AI spending.

Microsoft, Amazon, and Google’s parent company Alphabet are investing massive amounts of money to build the infrastructure behind artificial intelligence. This week, investors will see whether their cloud businesses are growing fast enough to justify these costs.

Driven by AI computing demand fueling data center construction and chip procurement, these three tech giants could collectively invest nearly $600 billion by 2026. Their signed but unfilled cloud service backlog has also approached $1.7 trillion.

Microsoft and Alphabet, Google’s parent company, will release their earnings reports on Wednesday, October 28, while Amazon will report on Thursday. These earnings reports are particularly crucial as Wall Street grows increasingly concerned…