What the Data Shows
Major AI and cloud hyperscalers are compared by current 2026 capex guidance and infrastructure spending commitments. The stat ranks Amazon, Microsoft, Alphabet, Meta and Oracle in US$ billions, with range midpoints used for the bar values where companies provided ranges. Amazon’s indicated 2026 capex is about US$200B, narrowly ahead of Microsoft and Alphabet. The values mix calendar-year, fiscal-year and company-wide guidance, so the chart is a planning comparison rather than a final accounting comparison.
Data table
Unit: US$ billions · Period: 2026 guidance
| Rank | Entry | Value | Period |
|---|
| 1 | Amazon | US$200B | 2026 guidance |
| 2 | Microsoft | US$190B | 2026 guidance |
| 3 | Alphabet | US$185B | 2026 guidance |
| 4 | Meta | US$135B | 2026 guidance |
| 5 | Oracle | US$50B | 2026 guidance |
Sources
Data notes & caveats
Guidance language is not fully comparable. Some companies discuss calendar-year capex, some fiscal-year capex and some company-wide capex that includes assets beyond data centers.
Methodology
Rows use company guidance or commitments for 2026 capex and infrastructure spending. For companies that supplied a range, the bar and crawlable row table use the sourced midpoint; the exact source ranges remain recorded in the row metadata and derived calculations.
Source consistency notes
All guidance values are from company sources and are stated in US$ billions. Period and scope language is mixed, so the page is treated as a planning comparison rather than final accounting data.
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