Tech giants' surging AI infrastructure spending raises market concerns

Developing1 reports1 sourcesupdated 5 h ago

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AI digest

In 2026, the four big tech companies Alphabet, Amazon, Meta and Microsoft plan combined capital expenditure of more than $740bn this year, and investors are starting to worry about negative free cash flow, rising debt and the prospects for returns. Alphabet's free cash flow was negative $9.1bn in the third quarter, negative for a second consecutive quarter, while its capital expenditure rose to $51.4bn in the quarter. Amazon's free cash flow over the past 12 months was negative $42.4bn, compared with positive $14.8bn a year earlier.

Written by AI from the reports · updated 5 h ago

LatestOct 31 05:17

The four big tech companies plan combined capital expenditure of more than $740bn this year, with investors worried about negative cash flow and the prospects for returns.

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Oct 31

05:17
TechCrunch · AISelected
Cracks are emerging in the AI spending boom
Big Tech is pouring billions into AI infrastructure, but mounting debt, negative cash flow, and growing investor skepticism are raising questions about the sustainability of the AI spending boom.

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