ANALYSIS: It is reasonable to assume that American companies will spend more than US$1 trillion on AI infrastructure over the next five years.
Big three US-based cloud providers and Meta spent about US$115b pa on cloud-specific infrastructure by the end of last decade.
Ian GrahamTue, 06 May 2025
The money being spent on AI-related capital expenditures is enormous. Microsoft, Google, Meta, and Amazon are guiding for combined capex in 2025 of more than US$300 billion, much of which they’ve said is going toward AI infrastructure. The Stargate Project has earmarked US$500b over the coming
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).
