TLDR Tech / Tech
The $112 Billion Quarter
Google, Amazon, and Microsoft reported a combined capital expenditure of $112 billion in Q1. Google is now outspending Microsoft on capex, and the gap is widening. The Bank of America has forecasted that hyperscaler debt issuance will hit $175 billion in 2026. The hyperscaler that owns the model layer will grow the fastest.
Read the full story