AI and compute data · the section
The highest month in the series held, which starts in March 2019.
: the latest month published, by U.S. Securities and Exchange Commission, EDGAR filings (XBRL). Not a live figure.
Data last updated . Checked twice a day.
, by month
US$ bn a quarter, since March 2019. Not adjusted for inflation.
Company by company
Each company's own filed figure for its quarter. d marks a quarter the company did not file on its own, worked out as the difference between two of its year-to-date figures.
| Company | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Amazon | 25.0 | 32.2 | 35.1 | 39.5d | 44.2 | 54.2 |
| Alphabet | 17.2 | 22.4d | 24.0d | 27.9d | 35.7 | 44.9d |
| Meta | 12.9 | 16.5d | 18.8d | 21.4d | 19.0 | 30.1d |
| Microsoft | 16.7 | 17.1d | 19.4 | 29.9 | 30.9 | 35.8d |
Oracle is not in the total: its quarters end a month earlier (August, November, February, May). Its last six: May 2025 9.1 (d); Aug 2025 8.5; Nov 2025 12.0 (d); Feb 2026 18.6 (d); May 2026 16.5 (d); Aug 2026 28.5 (US$ bn a quarter).
Related
How this is measured
Cash paid for property and equipment (Amazon: productive assets), from each company's 10-Q and 10-K. A quarter a company did not file on its own is the difference between two year-to-date figures; each value is marked filed or derived.
The series is cash paid for property and equipment (Amazon reports it as productive assets): data centres, servers and chips, but also offices, warehouses and everything else the companies build or buy. It shows how much they spend, not how much of it goes on AI.
Filed and published figures only: no company guidance, no forecasts. Source: U.S. Securities and Exchange Commission, EDGAR filings (XBRL). Every period of every series here: compute.csv.