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Big Tech Pledges $1.09 Trillion for AI Data-Center Leases

8/5/2026

Summary

Story summary

Microsoft, Meta Platforms, Oracle, Amazon.com and Alphabet have pledged $1.09 trillion in AI data-centre lease payments.
The pledged amount is roughly four times the $285 billion of lease liabilities already recorded on their balance sheets.
Oracle disclosed $260 billion of uncommitted leases, Microsoft $329.1 billion, Meta $278.99 billion plus $68 billion of July leases, Alphabet $85.2 billion and Amazon $137.21 billion.
The combined pipeline of the five firms now totals about $1.16 trillion.

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Story summary

Microsoft, Meta Platforms, Oracle, Amazon.com and Alphabet have pledged $1.09 trillion in AI data-centre lease payments.
The pledged amount is roughly four times the $285 billion of lease liabilities already recorded on their balance sheets.
Oracle disclosed $260 billion of uncommitted leases, Microsoft $329.1 billion, Meta $278.99 billion plus $68 billion of July leases, Alphabet $85.2 billion and Amazon $137.21 billion.
The combined pipeline of the five firms now totals about $1.16 trillion.