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Big Tech to Spend $650B This Year as AI Race Intensifies

Posted

February 6, 2026

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Four of the biggest US tech companies have forecast capital expenditures that will reach about $650 billion in 2026 for new data centers and gear, underscoring just how quickly the AI race is accelerating. Lei Qiu, AllianceBernstein CIO of Thematic Innovation Equities, joins Caroline Hyde and Ed Ludlow to discuss what this wave of investment means for markets and disruption across industries on "Bloomberg Tech."

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Guests & Subjects Covered

Lei Qiu AllianceBernstein CIOThematic Innovation EquitiesCaroline HydeEd LudlowBloomberg TechYouTube WatchSilicon ValleyFollow Caroline Hyde

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