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Last year estimated spend was $380 billion and this year it's $680 billion [0] just for the big five. Given global projections through 2030 being as high as 7 t
by chrisfosterelli 29d ago
Last year estimated spend was $380 billion and this year it's $680 billion [0] just for the big five. Given global projections through 2030 being as high as 7 trillion [1], OPs comment seems at least the right order of magnitude.
[0]: https://futurumgroup.com/insights/ai-capex-2026-the-690b-infrastructure-sprint/ https://futurumgroup.com/insights/ai-capex-2026-the-690b-inf...
[1]: https://www.mckinsey.com/industries/technology-media-and-telecommunications/our-insights/the-cost-of-compute-a-7-trillion-dollar-race-to-scale-data-centers https://www.mckinsey.com/industries/technology-media-and-tel...