Big Tech’s AI Commitments Are $3 Trillion Higher Than Reported Capex
The Wall Street Journal estimates that major U.S. technology companies have nearly $3 trillion in future AI-related commitments beyond their reported capital expenditures.
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The Wall Street Journal estimates that major U.S. technology companies have nearly $3 trillion in future AI-related commitments beyond their reported capital expenditures.
Nvidia is backing financing for a massive OpenAI data center project in Ohio, reinforcing the company’s strategy of accelerating AI infrastructure investment.
Nebius reported another explosive quarter as revenue jumped 454% year over year, driven by record demand for AI cloud infrastructure and multibillion-dollar customer contracts.
Riot Platforms signed a long-term AI infrastructure agreement with Anthropic worth up to $9.1 billion, sending the company’s shares sharply higher as it accelerates its shift beyond Bitcoin mining.
Riot reported quarterly revenue of $174.2 million and a landmark 20-year AI data-center lease for 191 MW at its Rockdale campus.
New financing platforms turn NVIDIA compute and full-stack AI infrastructure into an investable asset class for global capital, broadening access to AI factories, enabling long-duration usage-linked revenue while supporting NVIDIA’s ecosystem growth across hardware sales and software adoption.
NVIDIA is reportedly discussing up to $250 billion in financing guarantees for OpenAI’s planned 10-gigawatt AI data center project in Ohio.
AI spending by Alphabet, Amazon, Meta, Microsoft, and Oracle could exceed U.S. defense spending as a share of GDP by 2027.
AMPERA unveiled a full-scale 3D-printed thorium reactor module designed to deliver up to 30 MW of power for AI data centers.
Meta shares jumped after a report said the company is developing a cloud business that will sell AI models and excess computing capacity to external customers.
IBM unveiled the world’s first 0.7nm chip featuring nearly 100 billion transistors, sending its shares higher in premarket trading.
Micron reported record quarterly revenue, earnings, and guidance, significantly exceeding Wall Street expectations as surging demand for AI memory chips continued to drive growth.
OpenAI introduced Jalapeño, a custom AI inference chip developed with Broadcom and designed to improve the efficiency and performance of running large language models.
SpaceX signed a $6.3 billion AI computing agreement with Reflection AI, adding another major customer to its growing infrastructure business.
SpaceX plans to launch AI computing satellites in 2027 as it pursues orbital data center infrastructure.