Amazon’s backlog is now $244 billion, up 40% year over year. “There’s a whole lot of demand for AWS proper now, within the AI house and likewise within the core AWS house,” Jassy stated.
CEO Sundar Pichai stated that Google plans to spend around $180 billion on capex in 2026. And Google additionally reported a backlog of $240 billion in February.
“The variety of offers in 2025 over a billion {dollars} surpassed the earlier three years mixed,” stated Pichai.
The motive force for this development? AI spending. AI firms want extra compute capability to coach extra highly effective fashions. And enterprises deploying AI are driving demand for inference.
In survey after survey, nearly all of firms say that they plan to extend their AI-related spending this yr.
In line with a survey of practically 2,400 executives that Boston Consulting Group released in January, firms will double their AI spending this yr, from .8% to 1.7% of revenues. And greater than 90% of CEOs say that they are going to proceed to spend money on AI at present or greater ranges, even when the investments don’t repay within the subsequent yr.
