Is the AI boom a bubble? The trillion-dollar disconnect between capex and revenue
Tech giants Amazon and Microsoft have announced a combined $52.5bn (₹4.7 lakh crore) investment plan for India.
Big as that sounds, it is just a sliver of what the world is now pouring into AI infrastructure. Across the US, Europe, the Gulf and China, every major technology company and AI lab, including Microsoft, Amazon, Google, Meta, OpenAI, Nvidia, Oracle, and even GPU cloud upstarts, is driving a capex wave that will cross $400 billion in 2025.
