Before I saw this chart, I knew that the hyperscalers had been spending huge amounts on datacentre infrastructure, but I had some vague idea that Amazon was spending the most, followed by Microsoft, then and Google. Boy was I wrong.
Google has been outspending the other huge hyperscalers since 2018
This chart is from an exponential view newsletter, and the post Is AI a bubble? In the post, it lays out a framework for telling when we’re in a bubble, versus being in a generational boom, and as someone who has been pretty skeptical of the AI the project, it’s been really informative. It’s worth a read.
Anyway – this is one of the charts from it. I had no idea that Google had been outspending Microsoft and Amazon put together some years over the last five years:
