Big Tech Turns AI Spending into Billion-Dollar Black Hole
Google, Meta, and Microsoft are collectively throwing around more cash on AI infrastructure than a billionaire at an exclusive space party. Google boosted its 2024 capital expenditures to a staggering $91-$93 billion, climbing from an already 'LOL' worthy July estimate of $85 billion. Microsoft flashed $34.9 billion in just one quarter — up from $24.2 billion — with CFO Amy Hood promising GPU and CPU spending that'll make 2026 feel like a silicon rave. Meta joined this lit fest, upping its 2025 guidance to $70-$72 billion, with CFO Susan Li assuring us even more AI cash will burn in 2026. Meanwhile, chip overlord Nvidia’s Jensen Huang announced $500 billion worth of AI chip orders, essentially turning the AI chip supply chain into the hottest club nobody can get into. Investors are nervous, some whisper 'bubble,' others say 'bubbalicious,' noting shady behaviors like Nvidia cozying up to CoreWeave. Bottom line: these tech giants are building AI empires bigger than Finland's GDP while us mortals wonder if the bubble will burst or just inflate more money into magic robot brains.
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Source: Businessinsider | Published: 10/30/2025 | Author: Dakin Campbell