The Operating Model That Decides Whether AI Capex Pays Off
The spend is no longer the story Every earnings call now repeats the same number: tens of billions deployed into data centers, GPUs, and power infrastructure.
Sep 8, 2026, 11:59 PM5 minReadHyperscaler AI capex is rewriting the operating model
The arithmetic has shifted. Between 2023 and 2025, the four largest US hyperscalers lifted combined capital expenditure from approximately $150 billion to a run-rate north of $260…
Sep 8, 2026, 11:57 PM5 minReadAI Capital Expenditure: Operating Model Shifts and Return Pressures
The unprecedented surge in artificial intelligence capital expenditure (AI CapEx) is fundamentally reshaping the technology landscape.
Sep 8, 2026, 11:49 PM4 minRead