How Hyperscaler AI Capex Is Shaping the Next Market Cycle
The largest cloud and internet platforms—often called hyperscalers—are now the main builders of AI infrastructure. Companies like Amazon, Microsoft, Alphabet (Google), Meta, and their key suppliers are committing extraordinary amounts of capital to keep up with demand for AI training and inference. Estimates suggest hyperscaler capex could push toward 600 billion dollars annually by 2026,…