Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Technology › Meta, Microsoft Lead $850 Billion Boom in Data Center Leases
Technology

Meta, Microsoft Lead $850 Billion Boom in Data Center Leases

Meta, Microsoft Lead $850 Billion Boom in Data Center Leases
Bloomberg Technology Wednesday 24 June 2026, 11:00 UTC By Brody Ford 1 min read
Key Points

Meta, Microsoft Lead $850 Billion Boom in Data Center Leases Meta Platforms Inc. and Microsoft Corp. each committed tens of billions of dollars in additional data center leases in their most recent quarters, adding to the massive sums the industry is spending on artificial intelligence. Those pledges helped push overall commitments to future data center leases to more than $850 billion among the largest cloud computing companies. These obligations have continued to climb over the last year...

Meta, Microsoft Lead $850 Billion Boom in Data Center Leases Meta Platforms Inc. and Microsoft Corp. each committed tens of billions of dollars in additional data center leases in their most recent quarters, adding to the massive sums the industry is spending on artificial intelligence. Those pledges helped push overall commitments to future data center leases to more than $850 billion among the largest cloud computing companies. These obligations have continued to climb over the last year as tech giants work to expand their fleet of server farms, according to a Bloomberg analysis of regulatory filings.
Meta (ORG) Microsoft (ORG) Data Center Leases Meta (ORG) Data Center Leases Meta Platforms Inc. (ORG) Microsoft Corp. (ORG) tech giants (ORG) Bloomberg (ORG)
Originally published by Bloomberg Technology Read original →

Related Stories

OpenAI, Broadcom Develop AI Chip Called 'Jalapeno'

Jun 24th, 2026 OpenAI, Broadcom Develop AI Chip Called 'Jalapeno' OpenAI and Broadcom Inc. have developed a custom artificial intelligence chip called Jalapeno. OpenAI is now testing the samples. The companies say this chip can cut costs by 50%.

Bloomberg Technology 16m ago

Analysis:Apple-Intel chip deal makes strategic sense but production is years away

Analysis:Apple-Intel chip deal makes strategic sense but production is years away June 24 : Apple turning to Intel for chips, as Washington announced last week, has the neat logic of necessity meeting ambition. But it is not that simple, as analysts say any advanced Intel chip will take two to three years to make and even longer to translate into gains due to the long and exacting production process.

Channel News Asia 22m ago

Every Apple Watch is at the lowest price we’ve ever seen thanks to Prime Day

A guide to the Prime Day deals on Apple’s top-rated smartwatch and how to choose the right model for youThe best Prime Day deals in the US on things our editors actually tested and loveSign up for the Filter US newsletter, your weekly guide to buying fewer, better thingsThe Apple Watch has been around for a decade, so it’s safe to say you’ve already heard the evangelism from fawning owners: fitness tracking for everything from running to rowing, phone alerts on your wrist, a limitless...

The Guardian Tech 24m ago

The Samsung 990 Pro SSD Is on Sale for the Lowest Price You’re Likely to See This Year.

Hard drives, RAM, and SD cards have skyrocketed in price over the last six months as memory-hungry AI data centers consume even more silicon wafers in pursuit of a workable business model. As with most rug pulls, consumers like you and I are left holding the bag (in more ways than one), which so far means the price of memory. It's Prime Day though, and there are some deals that bring prices back down to something like reality.

Wired 33m ago