Big Tech is about to spend $700 billion on AI this year. No one knows where the buildout ends. (opens in new tab)

Covered by 3 sources including Tech Funding News, Yahoo FinanceDiscussed on Hacker News

The hyperscalers are pouring unprecedented capital into chips, data centers, and power—but investors remain split on how long the surge can last.

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Covered in 4 articles

Tech Funding News·

No workers, No problem? This startup just raised $18M to rewire America’s $700B construction crisis

Yahoo Finance·

‘Big Tech is desperate’: Amazon engineers criticize tech giant for its $200 billion in data center spending amid slashing 30,000 corporate employees

Yahoo Finance·

Meta’s $10 billion Louisiana data center is getting $3.3 billion in tax breaks—more than seven years of the state’s entire police budget