Startups & Business2 min
Big Tech has over $3 trillion in AI spending planned and returns less cash to investors
Alphabet, Meta, Microsoft, Amazon and Oracle have together committed more than $3 trillion to AI spending over the coming years, Bloomberg reports. That includes $1 trillion from Alphabet and $800 billion from Meta. Reuters reports the same five returned just 9.3% of their cash to shareholders in the first three quarters of 2026, a 15-year low. The BBC reports sharp falls in US tech stocks over AI cost fears. TechCrunch points to rising debt, negative cash flow and investor doubts.
Hype check: The money is real, but investors are starting to ask when it pays back. Today's sell-off reflects that doubt.