By Keithen Drury
Publication Date: 2026-08-16 22:07:00
Amazon (AMZN -0.94%), Alphabet (GOOG -0.12%) (GOOGL -0.13%), and Microsoft (MSFT -0.30%) are the world’s three biggest cloud computing providers. They are spending a ton of money on adding more computing capacity this year, with Amazon leading the way, on track to spend $220 billion, Alphabet expecting to spend about $200 billion, and Microsoft forecasting spending of $175 billion. Added up, that’s $595 billion. That’s a huge amount of money being spent on data centers, which showcases just how important the cloud business is to these three.
However, all of that money has to go somewhere, and I think there’s one clear winner from that spending that investors can point to.
Image source: Getty Images.
It makes sense for the cloud providers to spend this much
The cloud computing infrastructure space is experiencing surging revenues due to the artificial intelligence (AI) trend, as most companies lack the in-house computing capacity to run their AI models and applications. Instead,…