Alphabet and Amazon outpace Meta in AI as Big Tech’s Q1 2026 earnings confirm cloud dominance
Google Cloud grew 63%, AWS 28%. Meta raised its full-year capex guide to $125-$145 billion, sending its shares down 6% after hours. Combined 2026 AI spending across five hyperscalers is now on track to exceed $650 billion. The question hanging over Wednesday’s earnings calls was whether the AI investment supercycle was producing commensurate returns, or […] This story continues at The Next Web
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