Tag: Hyperscalers

Citi: Hyperscalers to Pour $2.8 Trillion into AI Infrastructure by 2029

Investment firm Citi lifts its AI build-out forecast: Amazon, Alphabet (Google), Microsoft, and Meta could collectively invest up to $2.8T by 2029, front-loaded with $490B capex by end-2026. The spend hinges on scarce power—~55 GW new capacity—pushing firms to borrow and pressuring free cash flow .