AI boom: Big Tech capital expenditures now seen topping $1 trillion in 2027

Google CEO Sundar Pichai gestures during a meeting with France's President Emmanuel Macron on the sidelines of the AI Impact Summit in New Delhi on Feb. 19, 2026. Ludovic Marin | Afp | Getty Images Wall Street analysts estimate total AI capital expenditures could now climb above $1 trillion in 2027, following even bigger spending plans unveiled by the hyperscalers during Wednesday's tech earnings. …