2024-06-20? unverified
AI's $200B question is now AI's $600B question.
Multi-year framing whose horizon runs to mid-2027; still unverified. The gap Cahn described has widened, not closed: Goldman now puts the five largest spenders near $750 billion of 2026 capital spending against filed revenue an order of magnitude smaller — OpenAI's audited 2025 revenue was $13.07 billion, and Microsoft's firmest disclosure is Azure passing $100 billion for its fiscal year, a segment that is not AI-only.