Bubble Fears Not Spoiling Billion-Dollar AI Buildout Plans in ’26 … Yet

Up, up and away? The companies expected to pour more than $500 billion into hyperscaling artificial intelligence this year (including Magnificent 7 members such as Microsoft, Amazon and Google) are still betting big on the technology following that trajectory. The less appealing alternative is up, up and pop, manifesting bubble fears that were inflamed when the Financial Times reported in December that Oracle had lost its “primary backer” for a $10 billion Michigan data center. Afterward, the cloud comput ...