Instituto de la Ciencia y Tecnología en América Latina (ICTAL)

Source: Yahool

Big Tech's AI spending boom is carrying an ever-larger share of the US growth story. So far in 2026, investments tied to the AI build-out have been responsible for roughly one-fifth of US economic growth.

This year alone, the four leading "hyperscalers" — Alphabet (GOOG, GOOGL), Amazon (AMZN), Meta (META), and Microsoft (MSFT) — are expected to spend roughly $800 billion in capital expenditures, or 10 times their spend in 2019, only seven years ago, per Goldman Sachs.

Sustaining that investment, however, will require an equally historic expansion in the cash generated by the companies footing the bill, says Apollo chief economist Torsten Sløk. 

Over the past year, the financing for the AI spending race has come increasingly from the debt market, where the hyperscalers are expected to issue $250 billion in global investment-grade debt by the end of 2026. 

Cont'd.

LINK:
https://finance.yahoo.com/markets/article/the-future-of-ai-growth-rests-on-big-techs-cash-flow-tripling-to-2-trillion-chart-of-the-day-100000169.html