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Updated · Seeking Alpha · Jun 18Goldman Sees 5 Hyperscalers Lifting Capex to $757 Billion in FY2026 as AI Buildout Accelerates
2 articles · Updated · Seeking Alpha · Jun 18Summary
- $757 billion is the current consensus FY2026 capital-spending total Goldman Sachs cites for Alphabet, Amazon, Meta, Microsoft and Oracle.
- That figure rises to $920 billion in FY2027, pointing to another year of heavier investment by the five major hyperscalers.
- Goldman framed the projections as a read on expected spending by the sector's biggest cloud and AI infrastructure buyers.
- The estimates underscore how AI-related data-center expansion is driving ever larger budgets across the largest U.S. tech platforms.
Insights
As AI spending soars towards $1 trillion, are hyperscalers building the future or the next great economic bubble? As AI's resource consumption explodes, can technological efficiency win the race against its ever-growing demands? AI data centers promise progress, but can local communities afford the hidden costs to their power and water?