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Big Tech Aims to Spend $650 Billion This Year in AI Race

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February 6, 2026

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The spending planned by four of the biggest US technology companies together on capital expenditures is expected to reach about $650 billion in 2026. A tide of cash is earmarked for new data centers and artificial intelligence chips, among numerous other items. Mandeep Singh of Bloomberg Intelligence has more on Bloomberg Television.

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Big Tech Aims to Spend $650 Billion This Year in AI Race · Bloomberg Television · Sentinel