Big Tech AI Spending 2026: Google, Microsoft, Meta & Amazon's $700B Capex Surge Triggers Free Cash Flow Crisis
</ Big Tech’s $700 Billion AI Spending Spree in 2026: Massive Investments Trigger Free Cash Flow Warnings Big Tech’s $700 Billion AI Spending Spree in 2026: Massive Investments Trigger Free Cash Flow Warnings Published February 7, 2026 | By Kishwar Khan Next-generation AI data centers are at the heart of Big Tech’s unprecedented capital spending in 2026. The world’s largest technology companies — Alphabet (Google), Microsoft, Meta, and Amazon — are on track to invest close to $700 billion in capital expenditures this year, marking a dramatic increase of more than 60% from 2025 levels. The primary driver? Artificial intelligence infrastructure, including data centers, advanced chips, and high-speed networking. While executives and analysts view this aggressive push as essential for capturing a once-in-a-generation opportunity in AI, the immediate fina...