Alphabet Among Hyperscalers to Spend $630B on AI as Google Rolls Out Pentagon Agent Designer
Citigroup lifted its 2026–2030 global AI capital expenditure forecast from $8 trillion to $8.9 trillion and projects hyperscalers including Alphabet will spend over $630 billion on AI infrastructure this year, underscoring surging demand for cloud and data-center services. Separately, Google has launched Agent Designer on the Pentagon’s GenAI.mil portal, enabling 3 million civilian and military staff to build custom AI agents for unclassified tasks, extending its enterprise AI footprint in government.
1. Citigroup Raises AI Capex Forecast
Citigroup boosted its forecast for global AI capital expenditures between 2026 and 2030 from $8 trillion to $8.9 trillion, citing accelerating enterprise demand and rapid adoption of agentic AI systems.
2. Hyperscalers Forecast $630 Billion AI Spend
Hyperscale providers including Alphabet, Amazon, Microsoft and Meta Platforms are now expected to collectively invest more than $630 billion in AI infrastructure this year, reflecting the intensifying competition to scale data centers and AI compute capacity.
3. Google Launches Agent Designer for Pentagon
Google has introduced Agent Designer on the Pentagon’s GenAI.mil portal, enabling 3 million civilian and military personnel to create custom AI agents for unclassified administrative tasks and deepening its presence in government AI deployments.