Topic

#Capex

3 articles

A construction crane sits idle at sunset above a half-poured data center foundation, with a freshly signed government document blowing across the rebar in the foreground. Photojournalistic, golden hour light, shallow depth of field.
Apr 26, 2026 • 10 min read

Microsoft Cut 3.5GW of AI. Big Tech Bet $660B.

Microsoft quietly killed 1.5GW of near-term data center builds and walked away from 2GW more in non-binding leases, while seven hyperscalers signed a White House pledge committing to pay for power whether they use the electricity or not. Aggregate 2026 AI capex now tops $660 billion, and earnings drop on Wednesday April 29.

#AI#Capex#Microsoft
A vintage brass balance scale on a polished concrete data center floor. Cardboard moving boxes with personal office items spill out of the left pan. A heavy GPU server rack module sits on the right pan, tipping the scale toward compute. Glowing rows of server racks recede into the background, and a data center under construction with cranes is visible through a doorway. Photojournalistic style, dramatic chiaroscuro lighting.
Apr 25, 2026 • 11 min read

Meta Cut 8,000 People to Spend $135 Billion on AI

On Wednesday, Meta's HR head sent a memo cutting 8,000 jobs and closing 6,000 more roles. The same week, the company guided 2026 capital spending to $115 to $135 billion, nearly double last year. The Year of Efficiency is back, and this time it is buying GPUs, not Metaverse headsets.

#Meta#Layoffs#AI