The AI arms race continues to escalate! Meta (META.US) and Microsoft (MSFT.US) are increasing their investments in data center expansion. The industry's future leasing commitments have surpassed 85 billion US dollars.

According to the Financial Intelligence App, as global technology giants continue to increase their investments in artificial intelligence (AI) infrastructure, the scale of data center investments is climbing at an unprecedented rate. The latest regulatory filings show that Meta Platforms (META.US) and Microsoft (MSFT.US) have each added hundreds of billions of dollars in new data center leasing commitments in the past quarter, pushing the total future data center leasing expenses of major global cloud computing companies to exceed $850 billion.