The AI Spending Boom Is Creating a Depreciation Time Bomb | EN590 Commodities
EN590 Commodities GroupShipping / Logistics June 18, 2026
High Tanker Rates Disrupt Persian Gulf Oil Shipments to Asia CityAM.com is the online presence of City A.M., London's first free daily business newspaper. Both platforms cover financial and business news as well as sport and… The eye-watering capital expenditure plans of Big Tech has been one of the year’s biggest stories. Google, Meta, Amazon, and Microsoft have all splurged to secure a podium spot in the race to build out the infrastructure that will run the artificial intelligence (AI) revolution. Total capex by these four firms isexpected to reach$750bn (£560bn) this year, around half the annual spending of the entire UK government. It is much higher than this high-tech quartet has budgeted for before. And it is expected to be even higher next year. Shareholders are on board with the p
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