The global technology sector is undergoing the largest capital expenditure cycle in modern financial history, as hyperscale cloud providers reallocate corporate balance sheets toward artificial intelligence infrastructure. This spending sprint represents a 77.0% increase over the record USD 410.0 bn deployed in 2025, establishing AI compute as a primary driver of global fixed asset creation. Concurrently, Microsoft reaffirmed its capital commitment of USD 190.0 bn to expand Azure’s global cluster capacity, while Alphabet raised its annual capital budget to between USD 175.0 bn and USD 185.0 bn to scale Google Cloud infrastructure. This global AI capital cycle carries long-term strategic implications for international trade flows and regional technology ecosystems, including East Africa. A Nairobi-based data center project attracting USD 50.0 mn (Ksh 6.47 bn) in foreign direct investment illustrates how regional digital infrastructure is integrating directly into the global AI supply ecosystem.