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The Tech Download: Can hyperscalers justify their huge AI capex? [MSNBC.com]
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Skip the noise. Get thedownloadThe Tech DownloadThe Tech Download: Can hyperscalers justify their huge capex?Published Fri, Feb 13 2026Updated 47 Min AgoKai Nicol-Schwarz@in/kainsWATCH LIVEKey PointsHyperscalers announced capex plans could hit $700 billion this year amid the boom.In this articleThis report is from this week's The Tech Download newsletter. Like what you see? You can subscribehere. season has seen endless spending commitments from tech companies as they scramble to build out data center capacity amid the boom.Hyperscalers, including the likes ofAmazonMicrosoftMetaAlphabetInvestors have been jittery. Shares plunged last week as more than$1 trillion was wipedWhile there's been something of a recovery this week, uncertainty over astronomic spending continues to make folk nervous.Amazon's largest data center has seven completed buildings, with 30 total buildings planned on 1,200 acres in New Carlisle, Indiana, shown here on October 8, 2025.Erin Black"2026 is a 60% aggr
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