• Momentum Global flagged a surge in AI-driven hyperscaler spending, with combined forward 12-month capex near USD 800 billion as of May 2026.
• Combined forward capex rose from roughly USD 30 billion in 2016, underscoring an escalating buildout of data centers, cloud capacity, and power infrastructure.
• Amazon and Alphabet were each expected to spend about USD 200 billion over the next 12 months, with Microsoft close behind.
• Oracle’s forward capex climbed from about USD 2 billion in 2016 to more than USD 60 billion by 2026, signaling broader participation beyond top spenders.
• The scale of investment tightens competitive barriers but raises execution risk, with some firms spending nearly all cash generation on capex.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Momentum Global Investment Management Ltd. published the original content used to generate this news brief on June 01, 2026, and is solely responsible for the information contained therein.