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Open original source ↗AI capex forecasts have moved significantly higher since late 2024.
Initial 2026 forecasts sat at $284 billion in Sept 2024, before moving to $527 billion by Nov 2025.
Now, Big Tech has guided for $732.5 billion in capex in 2026, 158% higher than that Sept 2024 estimate. https://t.co/ePhXU0VdQr