In 2024, datacenter spending by large tech firms is projected to reach a minimum of $330 billion, according to estimates from Grok. Notably, 42% of this spending, approximately $139 billion, is expected to be allocated to NVIDIA, as indicated by CoreWeave's ramp-up. Additionally, NVIDIA's revenue forecasts show a significant increase, with projected revenues of $60.9 billion in 2024 and $130.5 billion in 2025. Meanwhile, capital expenditures (capex) among the Big-4 tech companies have reached all-time highs, with Microsoft reporting an increase of approximately $56 billion in new capital expenditures over the past year, marking a threefold rise compared to any previous year. This surge in spending raises questions about the long-term impact on profit margins. Hyperscaler quarterly capex is estimated to approach $1 trillion annually if current trends continue without further acceleration.