Capital Expenditures

Big Tech

Meta Lags Rival Hyperscalers as Investors Grow Wary of Surging CapEx

Photo via Tom Williams/CQ Roll Call/Newscom

Meta is planning a spending spree later in this year, raising its expected annual capital expenditures from $115 billion to $135 billion.

2 min read

Photo via Kyodo/Newscom

Artificial Intelligence

In CapEx Manifesto, Amazon CEO Defends Billions in AI Investments

In his annual shareholder letter, Amazon CEO Andy Jassy doubled down on massive AI investments and took a few swipes at rivals.

2 min read

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