Big Tech's AI capex boom is wiping out free cash flow. Discover how data center spending is changing tech investing forever.

Moody's said AI spending is forcing even the world's most cash-rich corporations to lean heavily on debt, stock sales and off-balance-sheet moves.

Alphabet's $15B capex hike triggered a tech sell-off hitting Microsoft, Meta, Amazon. Big Tech's combined AI spending now tops $700B for 2026.