US Tech Giants Set to Spend $700B on AI Infrastructure in 2026, Far Exceeding China's $105B

According to South China Morning Post, US tech giants are set to spend over $700 billion on AI infrastructure this year, far exceeding Chinese peers. Google, Microsoft, Meta, and Amazon account for most of that total, while Morgan Stanley estimated Chinese cloud providers would spend about $105 billion this year. UBS put last year's AI capital expenditure by China's internet giants at 400 billion yuan, or approximately $59 billion.
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