Infrastructure spending dashboard
AI CapEx Tracker
The AI infrastructure arms race in one view — combined and AI-attributed capital expenditure for the largest hyperscalers, with year-over-year growth and multi-year trends.
Combined capex · FY2026
$550.0B
6 companies tracked
AI-attributed spend (est.)
$388.0B
70.5% of combined
Top spender
GOOGL
$185.0B
Cumulative tracked
$938.0B
Total + AI-attributed
Combined capex trend
AI vs. other (FY2026)
Companies
GOOGL
Alphabet Inc.
$185.0B
+102.3% YoYAI share 70.3%
AMZN
Amazon.com, Inc.
$130.0B
-1.4% YoYAI share 69.2%
MSFT
Microsoft Corporation
$110.0B
+70.4% YoYAI share 72.7%
META
Meta Platforms, Inc.
$80.0B
+14.8% YoYAI share 80.0%
ORCL
Oracle Corporation
$25.0B
+17.8% YoYAI share 80.0%
AAPL
Apple Inc.
$20.0B
+57.3% YoYAI share 20.0%
Comparison
| Company | Capex (FY2026) | YoY | AI share (est.) |
|---|---|---|---|
| GOOGLAlphabet Inc. | $185.0B | +102.3% | 70.3% |
| AMZNAmazon.com, Inc. | $130.0B | -1.4% | 69.2% |
| MSFTMicrosoft Corporation | $110.0B | +70.4% | 72.7% |
| METAMeta Platforms, Inc. | $80.0B | +14.8% | 80.0% |
| ORCLOracle Corporation | $25.0B | +17.8% | 80.0% |
| AAPLApple Inc. | $20.0B | +57.3% | 20.0% |
Methodology: total capex reflects reported cash-flow actuals where available and forward FY2026 estimates aligned to earnings guidance and analyst consensus otherwise. AI-attributed figures are editorial estimates of the AI / data-center share and are not a reported line item. Every figure links to a source on its company page. Estimates are subject to change.