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Google, SpaceX, Microsoft, and Amazon Are About to Spend 'Twice the Entire U.S. Defense Budget' on AI

Summary by 247wallst.com
The post Google, SpaceX, Microsoft, and Amazon Are About to Spend ‘Twice the Entire U.S. Defense Budget’ on AI appeared first on 24/7 Wall St.. Everpure CFO Tarek Robbiati said hyperscalers will spend roughly $3 trillion in cumulative capex over the next three years, equal to twice the annual U.S. defense budget. Google (GOOGL) raised 2026 capex guidance to $180B-$190B with CFO Anat Ashkenazi flagging "significantly increased" 2027 spending. …
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247wallst.com broke the news in New York, United States on Friday, June 19, 2026.
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