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Tech giants turn to debt to keep AI and cloud spending accelerating
Technology
Published on 11 May 2026
Spending surges past 700 billion dollars
Alphabet, Amazon, Microsoft and Meta are signaling that AI spending won’t slow, with their combined budgets now projected to top $700 billion this year. To sustain the push for AI and cloud expansion, more tech companies are tapping debt markets—potentially changing how they finance next-stage infrastructure growth amid rising demand.
- Alphabet, Amazon, Microsoft and Meta keep AI spending on track
- Combined AI budgets now expected to exceed $700 billion
- Debt markets are becoming a key funding route for expansion
- Higher spending suggests no pause in cloud and AI infrastructure buildout
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times