META vs GOOGL vs AMZN

“We anticipate 2026 capital expenditures, including principal payments on finance leases, to be in the range of $125 to $145 billion, increased from our prior range of $115 to $135 billion”

“Obviously, we are compute constrained in the near term. And as an example, our cloud revenue would have been higher if you were able to meet the demand.”

“Of the AWS CapEx we intend to spend in 2026, much of which will be installed in future years, we have high confidence this will be monetized well, as we already have customer commitments for a substantial portion of it”

“we are rolling out more than one gigawatt of our own custom silicon that we're developing with Broadcom, as well as significant amount of AMD chips to complement the new NVIDIA systems that we're rolling out as well”

“At Cloud Next, we introduced our 8 generation TPUs, individually specialized for training and serving and able to take on the most demanding agentic workloads.”

“Our experience so far has been that we have continued to underestimate our compute needs, even as we have been ramping capacity significantly as the advances in AI have continued and our teams continue to identify compelling new projects and initiatives”

“We are seeing unprecedented internal and external demand for AI compute resources.”

“We now have more than 10 million conversations each week being facilitated through business AIs, up from 1 million at the start of the year”

“We introduced a new Gemini enterprise agent platform that empowers users to build, orchestrate, govern and optimize agents with the controls that enterprise customers need.”

“We are seeing more and more examples where one or two people are building something in a week that would have previously taken dozens of people months”

“In Q1, revenue from products built on our GenAI models grew nearly 800% year-over-year.”

“We're also signing cloud deals that will come online over the course of this year in 2027, allowing us to scale more quickly. These multi-year cloud deals and our infrastructure purchase agreements drove a $107 billion step up in our contractual commitments this quarter”

“We are updating our full year 2026 CapEx guidance range to $180 billion to $190 billion, up from our previous estimate of $175 billion to $185 billion”

“we are rolling out more than one gigawatt of our own custom silicon that we're developing with Broadcom, as well as significant amount of AMD chips to complement the new NVIDIA systems that we're rolling out as well”

“As AI systems shift from answering questions to taking actions, and as post-training and inference scale up, the compute required falls heavily on CPUs. That is why Meta chose Graviton, which delivers up to 40% better price performance than any other x86 processors”

“Most of that is due to higher component costs, particularly memory pricing”

“everybody knows that the cost of components, particularly memory, has skyrocketed. We are in a stage where there is just not enough capacity for the amount of demand.”