Big tech spending on data centers balloons to $850B, with Meta and Microsoft investing tens of billions

2026-06-24 15:30 • ;Marc Vartabedian
Meta Platforms and Microsoft are leading the pack of tech giants that are shoveling money into artificial intelligence data-center leases – each committing tens of billions of dollars in during their most recent quarters.  The new agreements helped lift total future data-center lease commitments among the largest cloud-computing companies to more than $850 billion. Those...
Read More Here: https://nypost.com/2026/06/24/business/big-tech-spending-on-data-centers-balloons-to-850b-with-meta-and-microsoft-investing-tens-of-billions/