Great analysis by Sergey
2026 Hyperscaler CapEx: $710B, +89% YoY — AI Infrastructure Is Becoming the Moat
Meta, Microsoft, Amazon, and Google are collectively pushing 2026 CapEx toward $710B, up 89% YoY. The scale is massive.
Microsoft Cloud grew 29% YoY, Azure grew 40%, and Microsoft 365 Copilot passed 20M paid seats. AWS revenue accelerated to +28.4% YoY at a $…
