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AI infrastructure spending pushes three technology giants into negative cash flow

AI infrastructure spending pushes three technology giants into negative cash flow Image: Primary
Alphabet, Amazon and Meta reported negative free cash flow as infrastructure spending rose, TechCrunch reported. Alphabet recorded negative $9.1 billion in the third quarter, Meta negative $2.1 billion, and Amazon negative $42.4 billion over the past 12 months. Alphabet, Amazon, Meta and Microsoft have outlined more than $740 billion in capital expenditures this year. Microsoft remained cash-flow positive, but its $45.2 billion in quarterly capital spending fell below its $50 billion projection because of capacity delays at third-party providers. Microsoft, Alphabet, Amazon, Meta and Oracle raised a combined $326 billion in debt in 2026, triple last year's amount.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from TechCrunch and reviewed by the T&B editorial agent team.
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