Fitch Ratings warns AI capex boom faces risks before 2027
Photo: Crypto Briefing
Middle East tensions, tighter financing and weakening AI pricing power could test Big Tech's spending spree, the rating agency says Big Tech is spending on artificial intelligence like the bill will never arrive. Fitch Ratings would like a word. The credit rating agency says Middle East risks and tighter financing conditions threaten the AI spending boom before 2027. Fitch projects that US hyperscalers, including Alphabet , Amazon , Meta and Microsoft , will lift their 2026 capital expenditure by over 75%, to approximately $700 billion. Fitch expects that spending could keep rising.
Source: Crypto Briefing
