Carroll, Shannon. “The Ai Capex Spending Spree Just Keeps Getting Weirder.” Quartz, Quartz, 21 Mar. 2026, qz.com/ai-capex-spending-thinking-machines-yann-lecun-power.
Summary: Carroll uses economic data surrounding large tech companies dealing with the AI market to capture how large the industry has grown. This is emphasized through how she describes as how “weird” the capex funding (capex being the funding companies use to acquire, upgrade or maintain assets) specifically has been for AI companies after the recent industry boom. An example that Carroll uses of this funding is how AI companies are establishing funded partnerships with Jet engine manufacturing or EV battery manufacturing companies to assist in building data centers, the most eye-opening example to me is how, according to Carroll, AI companies are now giving capex funding to AI research organizations that are expressly anti LLM- despite LLMs being the primary dominant form of AI in the market and potentially most favored economically. “The same ecosystem is writing checks to the lab buying gigawatt-scale compute and to the lab arguing next-token prediction will not get you to broadly capable agents. -The anti-casino is still being financed with casino money.” (Carroll)
Why this matters: This article offers a glimpse into how big the AI market has gotten and how powerful it’s industry leaders have become, able to dish out quite sizable funds to a wide variety of companies and organizations with the motivation to integrate more and more of the economy into it’s influence. The economy of the US and potentially the global economy as well, is being completely restructured to accommodate the current AI tech boom.
