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CHART: Big Tech is going wild on AI spending next year and beyond
- Amazon, Google, Meta, and Microsoft are expected to invest $300 billion in capital expenditures next year and even more in 2026.
- The spending is driven by generative AI and large language model opportunities.
- Amazon's capex estimate for 2025 was raised by 22% to $96.4 billion.
- In 2026, Amazon's capex is expected to reach $105 billion, leading the other tech giants.
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