The first quarter results of technology giants revealed that investments in artificial intelligence infrastructure are increasing. While the total market value of Microsoft, Alphabet, Amazon and Meta reaches approximately 12 trillion dollars, these companies are preparing for a major artificial intelligence attack in the near future. The latest financial data showed that each company allocated record resources to their technological infrastructure, especially artificial intelligence, in the fields of cloud, hardware and software.
Artificial intelligence-focused growth of companies
According to analysis by Bridgewater Associates, these four technology leaders are expected to spend a total of $650 billion on artificial intelligence infrastructure alone in 2026. Although the detailed breakdown of these expenditures was not shared in the last quarter balance sheets of the companies, the announced figures indicated that the investments will continue unabated.
This huge wave of investment in artificial intelligence also directly affects the cryptocurrency industry. It is observed that especially companies engaged in bitcoin mining are turning to renting their data centers to artificial intelligence companies in order to diversify their income. Falling bitcoin prices and shrinking profitability due to increasing competition push miners to new searches. Since data centers are already available for artificial intelligence infrastructure, this transformation process has accelerated.
Company results and their implications in crypto
Shares of IREN, one of the IA-related bitcoin mining companies, lost 0.3 percent, while TeraWulf and Cipher Digital lost 0.5 percent, respectively. On the other hand, after the announced financial results, Microsoft shares increased by 2.4 percent; While there was a 6.6 percent decrease in Meta and a 3.7 percent decrease in Amazon, Alphabet shares increased by 6 percent. Bitcoin price decreased by 0.9 percent in the last 24 hours.
The next big market test will occur with the financial data to be announced by chip manufacturer Nvidia on May 20. Nvidia’s performance is monitored as an important indicator in both the technology and bitcoin mining sectors.
Latest situation in income and investment figures
Microsoft generated $82.9 billion in revenue in the third quarter of fiscal 2026. The company’s earnings per share were $4.27. Microsoft CEO Satya Nadella emphasized that the company is leading corporate customers’ transition to next-generation technology by providing cloud and artificial intelligence infrastructure. In his statement, Nadella announced that the company’s AI revenue increased by 123 percent year-on-year, reaching $37 billion.
“We are focused on providing solutions that enable every business to maximize its results with cloud and artificial intelligence infrastructure,” he said. Additionally, the $37 billion contribution of the company’s artificial intelligence business unit revealed the rapid growth in the sector.
Alphabet cited artificial intelligence as the main driver of growth. The company spent $35.67 billion in capital expenditures in the first quarter, which was slightly below market expectations. CEO Sundar Pichai stated that AI-based solutions have provided significant growth in Google Search and the Cloud platform. Google Cloud’s revenue increased 63 percent to $20 billion.
“Our artificial intelligence investments and our approach covering the entire ecosystem have an impact in every aspect of our business,” Pichai said, adding that the demand for cloud and enterprise AI services is at a record level.
Amazon reported revenue of $181.5 billion and earnings per share of $2.78 in the first quarter. AWS cloud revenues increased more than expected to $37.6 billion. Amazon stated that its free cash flow fell sharply on an annual basis and that this figure was largely due to the jump in artificial intelligence investments. According to the company’s statement, real estate and equipment purchases increased by 59.3 billion dollars compared to last year, and most of this was spent on artificial intelligence infrastructure.
Meta similarly highlighted increased AI infrastructure spending. The company, which announced a capital expenditure of 19.84 billion dollars in the first quarter of 2026, also increased its year-wide expenditure forecast to 125-145 billion dollars. CEO Mark Zuckerberg stated that the quarter is an important threshold in terms of artificial intelligence and announced that they are accelerating efforts to bring personal superintelligence to billions of people.
“This period has been an important milestone in artificial intelligence; we continue to progress towards realizing our vision of personal superintelligence,” said Zuckerberg.
While all these data show that the major players of technology will continue to invest in artificial intelligence and cloud infrastructure at record levels, it is predicted that sub-sectors in the crypto economy will also be directly affected by this wave.
