Latest / Cloud Wars Live with Bob Evans
Hyperscalers' Backlog Hits $1.63 Trillion, Spurring $645B in 2026 CapEx
In today's Cloud Wars Minute, I explain why the AI revolution isn’t a bubble — it’s backed by unprecedented backlog growth.
Highlights
00:02 — There are some wild numbers being thrown around here early in 2026 as we think about the CapEx investments that the four hyperscalers — Microsoft, AWS, Google Cloud, and Oracle — are making to build up their AI factories, their AI and cloud infrastructure to meet the incredible demand for AI training, inferencing, cloud transformations, business transformations, and more.
01:28 — The money, the huge revenue, is already there, and it’s growing at an…
The skinny
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