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Big Tech AI Capex Hits Record: Google $185B, Amazon $200B, Tesla $25B Announced in Same Week
Three mega-cap companies simultaneously escalated AI spending in the week of April 21-24. Google is projecting $175-185B in 2026 capex (up from $91.4B), Amazon announced $200B across AI/chips/robotics/satellites, and Tesla raised its target to $25B (up from $20B in January, 3x historical levels). Tesla's earnings reveal near-zero car profit in Q1 but massive AI doubling-down on Optimus production, robotaxi ops, and a new semiconductor fab in Austin.
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