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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