Big Tech Holds $3 Trillion in Spending Commitments for AI Boom

(Bloomberg) -- The five largest players in the data center race have committed more than $3 trillion in spending over the coming years, pointing to massive ongoing investment in AI infrastructure. Most Read from Bloomberg Binance Estimates $6.3 Billion Hacked in Crypto's Biggest Heist Nasdaq 100 Slumps 10% From Peak on AI Wake-Up Call: Markets Wrap Google Erases a Record $500 Billion as AI Eats Into Sales Kushner's Thrive Holdings to Buy ADT for $7.6 Billion in Cash Intel Suffers Worst Stock Thrashing in Decades on Weak Forecast Alphabet Inc., Meta Platforms Inc., Microsoft Corp., Amazon.com Inc. and Oracle Corp.