Big tech spending on data centers balloons to $850B, with Meta and Microsoft investing tens of billions
Business Big tech spending on data centers balloons to $850B, with Meta and Microsoft investing tens of billions By Marc Vartabedian Published June 24, 2026, 11:30 a.m. ET See more of our coverage in your search results. Add The New York Post on Google Meta and Microsoft are leading the pack of tech giants that are shoveling money into artificial intelligence data-center leases – each committing tens of billions of dollars in their most recent quarters, according to a report.
- ▪Business Big tech spending on data centers balloons to $850B, with Meta and Microsoft investing tens of billions By Marc Vartabedian Published June 24, 2026, 11:30 a.m.
- ▪ET See more of our coverage in your search results.
- ▪Add The New York Post on Google Meta and Microsoft are leading the pack of tech giants that are shoveling money into artificial intelligence data-center leases – each committing tens of billions of dollars in their most recent quarters, acc
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| Original publisher | New York Post |
| Canonical URL | https://nypost.com/2026/06/24/business/big-tech-spending-on-data-centers-balloons-to-850b-with-meta-and-microsoft-investing-tens-of-billions/ |
| Publication time | Wed, 24 Jun 2026 11:30:45 -0400 |
| Retrieval time | 2026-06-24T15:31:29.790Z |
| Last seen | 2026-06-24T15:31:42.993Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | nLb-nu6JT3gg |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
Rights status (four layers)
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| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
Business Big tech spending on data centers balloons to $850B, with Meta and Microsoft investing tens of billions By Marc Vartabedian Published June 24, 2026, 11:30 a.m. ET See more of our coverage in your search results. Add The New York Post on Google Meta and Microsoft are leading the pack of tech giants that are shoveling money into artificial intelligence data-center leases – each committing tens of billions of dollars in their most recent quarters, according to a report. The new agreements helped lift total future data-center lease commitments among the largest cloud-computing companies to more than $850 billion, Bloomberg reported. The obligations have continued to rise over the past year as tech firms build out server farms to power an expected boom in AI use in coming years.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at New York Post.
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