Google ($GOOGL), Meta ($META ), Microsoft ($MSFT ), Amazon (AMZN), and Oracle (ORCL) have now disclosed a record total of $3.3 trillion in future spending commitments.

These cover data center spending, future equipment purchases, leases, and other obligations. GOOGL accounts for the largest share, at $1.06 trillion, with its disclosed commitments surging nearly +700% over the past year.

META ranks second at $866 billion, nearly half of which is related to data center leases that have yet to begin, with payment terms extending up to 30 years.

Meanwhile, Microsoft has committed $593 billion, followed by Amazon at $453 billion and Oracle at $322 billion. The buildout of AI infrastructure is creating an unprecedented pipeline of future financial obligations.