Alphabet, Meta, Microsoft, Amazon and Oracle have committed more than $3T to future spending on data centres, leases, equipment and energy, Bloomberg reports. Alphabet leads with more than $1T, followed by Meta with over $800B. Some of the leases run for 30 years.
Source: [TNW](https://thenextweb.com/news/big-tech-3-trillion-ai-spending-commitments)