Post by PitchBook

Name: Google, Meta, Microsoft, and Amazon are on track to invest nearly $600 billion into AI infrastructur
Uploaded: 2026-06-15T17:48:45.727Z
Channel: PitchBook
Description: Google, Meta, Microsoft, and Amazon are on track to invest nearly $600 billion into AI infrastructure and frontier model labs in 2026 but have left AI M&A almost completely out of the picture. In 2017

147,168 followers

Google, Meta, Microsoft, and Amazon are on track to invest nearly $600 billion into AI infrastructure and frontier model labs in 2026 but have left AI M&A almost completely out of the picture. In 2017, tech’s Big Five companies participated in 33 VC-backed acquisitions, but have since adopted a different stance, falling to seven M&A deals in 2024 and with only twelve in 2026 YTD. Rather than buying AI startups, the Big Five are opting to back established AI businesses such as Anthropic, OpenAI, and Scale AI, raising questions about the future of AI M&A. Why are the biggest, most cash-rich companies in tech taking acquisitions out of their playbook? PitchBook’s Senior VC Analyst, Kaidi Gao explores the regulatory and geopolitical causes behind this trend, sharing insights on what to expect from AI investments going forward. For more, read our analyst note: Q2 2026 Building, Backing, and Buying AI: https://lnkd.in/g4HEwTK3

Video Content