Big Tech's $600B AI Spending War: Why Google Won CFO Approval and Meta Got Punished
Alphabet raised its 2026 AI capex to $190B and investors cheered. Meta increased spending to $145B and got hammered. The difference? Google Cloud proved AI ROI with 63% revenue growth and 800% enterprise AI growth. Here's what CFOs and CTOs need to know about cloud provider selection when $600B is on the table.
April 30, 2026 · 11 min read