Goldman Sachs: Amazon, Alphabet, Microsoft, Oracle and Meta will spend $800 billion on AI infrastructure this year

PANews reported on September 25 that Goldman Sachs expects Amazon, Google parent company Alphabet, Microsoft, Oracle and Meta to spend $800 billion on artificial intelligence infrastructure this year. Goldman Sachs' hyperscale cloud service provider needs about $300 billion in annual AI revenue to break even. However, rising financing needs and infrastructure constraints may weigh on future spending growth.

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