I didn't expect Goldman's five year number to be this large.

Five hyperscalers are projected to spend $5.3 trillion on AI infrastructure between 2025 and 2030. In 2022 they spent $162B combined.
This year they're on track for $725B. By 2027 analysts project $1 trillion in a single year.
For anyone building AI products or infrastructure outside these five balance sheets, this trajectory is the most important number in your planning assumptions.
The gap between what they can deploy and what everyone else can access compounds every year this continues.