#capex

Amazon's $173B capex spend and 37% AWS revenue growth signal investor preference for cloud infrastructure over standalone AI startups.

LinkedIn will keep compute spending flat through June 2027 after doubling GPU efficiency, bucking industry trend of aggressive infrastructure buildouts.

Google's revised capex guidance to $205B exposes margin compression across the AI industry, raising questions about whether the buildout is economically sustainable.

Google Cloud revenue jumped to $24.8B in Q2 2026, driven by enterprise AI adoption. The company's $514B backlog signals strong demand for its infrastructure investments.

OpenAI raised its capex target 25% to $750B through 2030, announcing a $20B data center campus in Georgia that will consume 3.2 GW of power—but the timeline and power source remain unclear.

Amazon borrows $17.5B from major banks just two days after raising $14B in bonds, bringing total new financing to $31.5B as tech giants race to fund AI capex.

Google will pay SpaceX $920 million per month for access to approximately 110,000 NVIDIA GPUs and related compute infrastructure from October 2026 through June 2029, according to a regulatory filing.

SpaceX's IPO filing reveals xAI burned $6.4 billion against $3.2 billion in revenue during 2025, with capex doubling to a $30.8B annualized run rate as the company plans trillion-parameter scale.