AI capex commitments: the running tracker

This log tracks announced capital expenditures, data center buildouts, and compute supply contracts for institutional research. Commitments reflect structural infrastructure expansion, led by Meta expanding its Louisiana project to $50B alongside industry lease commitments exceeding $850B.

Coverage

Independent Research

Prepared by

Octans Research

As of

2026-07-30

• Amazon faces a $150B AI capex surge while holding $84B in cash reserves. The company may issue corporate debt to fund rising data center commitments.
• Tech sector infrastructure commitments reach $700B according to Nvidia leadership. The spending covers expanding artificial intelligence hardware deployments.
• Disclosures reveal a $725B AI capex total alongside Q1 GDP growth of 2.0%. The figures emerged during earnings releases from four mega cap companies.
• Magnificent Seven companies commit $710B to AI capex while Apple reports $111.2B in revenue with a $100B buyback. The spending marks expanded capital allocations across major tech firms.
• Magnificent Seven firms plan $680B in AI capex with spending expanding 70% in 2026. Capital plans target artificial intelligence infrastructure capacity.
• Big five hyperscalers schedule $720B in total AI infrastructure spending. Two operators spend on growth while three allocate funds to maintenance.
• Amazon commits to a $125B AI investment budget. The strategy differs from capital allocation approaches at competing platforms.
• Thailand approves a $29B investment wave targeting data center demand. Government authorization supports expanding regional compute capacity.
• Google commits $15B toward a new Missouri data center campus. The buildout links computing facilities to power grid development.
• OpenAI and NextDC plan a $4.6B data center project in Sydney. NextDC stock rose as much as 11% following the partnership announcement.
• Meta increases investment in its El Paso Texas data center to $10B from $1.5B. The budget expansion represents a sixfold increase in funding.
• Oracle completes $16B in financing for a data center campus in Michigan. The debt package closed following extended negotiations with institutional investors.
• Meta pledges C$13B to construct an Alberta data center. The Canadian site represents the company's 33rd data center globally.
• Syndicate banks market $3B in debt for Meta's Prometheus data center. Lenders including Natixis and MUFG lead the debt distribution.
• BlackRock executes a $40B investment in a private data center firm. The deal expands the firm's unlisted infrastructure portfolio.
• Meta receives $3.3B in tax breaks for a Louisiana data center. Public subsidies offset infrastructure execution costs for the facility.
• Hut 8 executes a $9.8B AI data center lease agreement in Texas. The contract guarantees facility access for high density compute workloads.

This tracker captures announced headline values rather than immediate cash outlays, led by the largest entry, a $5.3T multiyear projection. Component agreements often stretch across extended delivery timelines.

Prysmian signed a €5.5B fiber optic cable contract that spans ten years. State level public subsidies also offset corporate commitments, with states awarding more than $5.6B annually to developers.

Per the Octans Research market feed, this log aggregates 30 deals across 10 publishers.

1. [1]benzinga.com ↗ — Amazon’s $150 Billion AI Capex Surge Could Force Its First Big Bond Deal In Years - Amazon.com (NASDAQ:AMZN). Amazon may need to tap Wall Street for funds as it faces rising AI and data center spending, despite sitting on $84 billion in cash.
2. [2]finance.yahoo.com ↗ — SOXQ Holds $1 Billion in AI Chip Stocks as Hyperscaler Capex Dictates What Happen Next. The semiconductor sector has become shorthand for the AI boom, and Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) sits at the center of that trade.
3. [3]fortune.com ↗ — Nvidia's Jensen Huang says tech's $700 billion AI capex is just the start of something far bigger. Can the industry's massive spending on AI infrastructure really keep doubling every year?
4. [4]finance.yahoo.com ↗ — Shares trade near $19.08, down 5% year-to-date even as the public-side AI mega-caps it holds have ripped higher. That disconnect matters because XOVR is the rare ETF that pairs late-stage private growth (SpaceX is the publicly known anchor) with public ...
5. [5]finance.yahoo.com ↗ — The move lands amid a dense macro week: blowout earnings from four mega-caps, a $725 billion AI capex revelation, Q1 GDP of 2.0%, and a Fed rate hold ...
6. [6]finance.yahoo.com ↗ — Alphabet (NASDAQ:GOOGL) stock is down 6% in Monday midday trading, sliding to around $346. The selloff in Alphabet shares is the most prominent move among the hyperscalers today. Caught in the same theme, Amazon (NASDAQ:AMZN) stock is down 4% to around $234.
7. [7]benzinga.com ↗ — Mag 7 Just Committed $710 Billion To AI Capex - Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG). Apple beat at $111.2B with a $100B buyback. Meta got hit. Powell's last press conference brought the most divided Fed since 1992.
8. [8]finance.yahoo.com ↗ — The $500 Billion Capex Question That Will Make or Break BAI in 2026. The iShares A.I.
9. [9]benzinga.com ↗ — Amazon Takes On $17.5 Billion In AI Debt: Are Traders Betting On A Capex Bubble? - Amazon.com (NASDAQ:AMZ. Amazon secured a $17.5B loan as a $200B AI capex bill eats into its cash flow. See why prediction markets still aren't betting on an AI bubble burst.
10. [10]finance.yahoo.com ↗ — The "Magnificent Seven" Plan to Spend $680 Billion Largely on Artificial Intelligence Capex: Is Now the Time to Pile Into the Group?. "Magnificent Seven" companies plan to grow capex by approximately 70% in 2026.
11. [11]finance.yahoo.com ↗ — The $720 Billion Capex Trap: 2 Artificial Intelligence (AI) Hyperscalers Spending on Growth While the Rest Spend on Maintenance. The big five hyperscalers plan to spend a total of more than $700 billion on artificial intelligence (AI) infrastructure this year.
12. [12]businessinsider.com ↗ — AI capex spending from Meta, Microsoft, Amazon, and Alphabet is expected to reach $5.3 trillion over the next few years, Goldman estimated.
13. [13]investing.com ↗ — Why Amazon’s $125 Billion AI Bet Is Different From Meta’s. Market Analysis by covering: Amazon.com Inc, Meta Platforms Inc.
14. [14]manilatimes.net ↗ — Thailand Approves $29 Billion Investment Wave as Data Center Demand Surges.
15. [15]finance.yahoo.com ↗ — Meta expands Louisiana data center to 5 gigawatts, investment crosses $50 billion. Meta said on Monday its data center in Richland Parish, Louisiana, will expand to 5 gigawatts of compute capacity, ‌with investment in the project increasing to more than $50 billion.
16. [16]finance.yahoo.com ↗ — Google Unveils $15 Billion Missouri Data Center Investment. Google will invest $15 billion in a new Missouri data center campus tied to grid expansion and workforce development.
17. [17]finance.yahoo.com ↗ — OpenAI, NextDC Plan to Build $4.6 Billion Sydney Data Center. The new data center is part of a broader AI infrastructure partnership between the two companies, NextDC said Friday, sending its stock soaring as much as 11%.
18. [18]cnbc.com ↗ — Meta boosts investment in West Texas AI data center by over sixfold to $10 billion. Meta is increasing investment at a data center in El Paso, Texas, to $10 billion from $1.5 billion, as the company ramps up spending on AI infrastructure.
19. [19]finance.yahoo.com ↗ — Microsoft Corporation (MSFT) Unveils Its $10 Billion Investment Plan for AI Infrastructure in a Data Center in Portugal. Microsoft Corporation (NASDAQ:MSFT) is one of the 11 best AI infrastructure stocks to buy right now.
20. [20]finance.yahoo.com ↗ — Meta, BlackRock partner on $14 billion El Paso data center. Meta Platforms and the world's largest asset manager BlackRock on Tuesday announced a venture to develop and operate a data center campus ‌in El Paso, Texas, a project that would cost about $14 billion in ‌development.
21. [21]finance.yahoo.com ↗ — Oracle data center $16 billion financing gets over the line. (Bloomberg) -- A $16 billion financing for a giant Oracle Corp. data center in Michigan has wrapped after months of stop-and-start negotiations with investors.
22. [22]economictimes.indiatimes.com ↗ — Meta data center: Meta to build C$13 billion Alberta data center, its first in Canada. Meta has doubled down on AI, pledging hundreds of billions of dollars to build large AI data centers in the U.S. The Alberta announcement represents the company's 33rd data center ‌globally.
23. [23]livemint.com ↗ — Banks Selling $3 Billion Debt for Meta’s Prometheus Data Center. A group of banks including Natixis SA, Mitsubishi UFJ Financial Group Inc.
24. [24]livemint.com ↗ — BlackRock’s $40 Billion Bet on a Lesser-Known Data Center Firm.
25. [25]economictimes.indiatimes.com ↗ — Meta, Microsoft lead $850 billion boom in data center leases. Tech giants Meta and Microsoft are pouring billions into future data center leases, pushing industry-wide commitments past $850 billion.
26. [26]ambest.com ↗ — Citing Tech Growth, Aon Raises Data Center Lifecycle Capacity to $2.5 Billion.
27. [27]fortune.com ↗ — Meta's $10 billion Louisiana data center is getting $3.3 billion in tax breaks. States are awarding more than $5.6 billion annually to data center developers, and that’s a conservative estimate.
28. [28]economictimes.indiatimes.com ↗ — Prysmian signs €5.5 billion Molex deal in data center push. Italian cable maker Prysmian signed a deal with Molex for fiber optic cables. This agreement is valued up to five point five billion euros and spans ten years.
29. [29]livemint.com ↗ — Meta’s Backstop Is Linchpin for $26 Billion AI Data-Center Deal. When Meta Platforms Inc.
30. [30]finance.yahoo.com ↗ — Hut 8 signs $9.8 billion AI data center lease in Texas.

Every figure above traces to a listed source, and no report publishes without at least three independent publishers. How we verify. Found an error? Tell us and we correct it in public.