Big Tech’s AI Spending Boom Is Testing the Market’s Limits

The AI Buildout Is Reshaping the Pricing, Capabilities, and Competitive Landscape of Marketing Technology

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About This Report
The race to build AI infrastructure has triggered an unprecedented rush for capital and spending, reshaping capital markets and creating new pricing, platform, and vendor risks for marketers.
Table of Contents

AI’s infrastructure race has become a capital-markets story, with implications for Big Tech, AI vendors, and marketers as they decide how quickly to adopt tools in an uncertain market.

Key Question: How is AI’s historic capital rush reshaping competition, market volatility, and the vendor risks marketers face as AI adoption accelerates?

Key Stat: Selected AI leaders announced or completed roughly $708 billion in major AI-related financing from September 2025 through June 2026.

Clients can find the full version of this chart later in the report

authors

Jacob Bourne

Contributors

Wendy Malloy
Director, Reports Editor
Emma Noyes
Senior Graphic Designer, Data Visualization
Sakina Thanawala
Copy Editor
Matt Torpey
Senior Data Visualization Editor
Johann Valderrama
Data Visualization Editor
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