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The a16z Show · Friday, August 28, 2026

Hyper-scalers' Capex Explodes Amidst Unprecedented AI Demand

The demand for AI compute power is so immense that major hyper-scalers are collectively increasing their capital expenditure to an unprecedented $700 billion this year. This surge in spending is a clear indicator that demand is outstripping supply, not just a cyclical trend.

The tape

2 quotes
I mean, if you look at the hyper scalers, right? They're capex spend has been exploding. This year, two trillion dollars. Collectively, across the bay, hyper scalers this year, it's like $700 billion.
Because it's never been seen before. Right? So that's a clear, clear sign.
Heard on The a16z Show — “The Infrastructure Behind the Machine Age, published Friday, August 28, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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