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Gold
One platform for global traditional assets
Options
Hot
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Gate AI
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Gate for AI Agent
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10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
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The four major tech giants' AI capital expenditures in 2026 will total over $600 billion.
What does this mean? It's equivalent to the GDP of a medium-sized country.
But the problem is, their main businesses can hardly sustain this money-burning pace anymore.
Amazon's capital expenditures have already exceeded its operating cash flow, effectively borrowing money to fund R&D.
Share buybacks have been one of the most important fuels for the U.S. stock market bull run over the past decade, but now this money is being diverted to build data centers.