Meta Increases El Paso Data Center to $10 Billion
Investment jumps sixfold as hyperscalers race to build AI infrastructure capacity
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Big Tech's $650 Billion AI Gamble Is Draining Their Cash Reserves
Amazon, Google, Meta, and Microsoft are spending record amounts on AI infrastructure while their free cash flow craters
Big Tech Will Spend $600 Billion on AI Infrastructure This Year. Where Does That Money Actually Go?
Google just doubled its AI spending to $185 billion. Meta's at $135 billion. Combined, the hyperscalers will burn through more than $600 billion in 2026. What they're building, and what it costs the rest of us.