LIVE DATA — Q1 2026 EARNINGS
The AI CapEx Arms Race
Four companies are spending 1% of global GDP on AI infrastructure. Click each to see where the money goes.
$0B
COMBINED 2026 AI INFRASTRUCTURE SPEND
M
Microsoft
Azure 40% re-acceleration · Copilot 20M users
$190B
Data from 7 earnings analyses by The Business Engineer
Get All 7 Deep Dive Analyses →








