Hyperscalers Push AI Capex Toward $630B as Grid Rules Loom — May 20, 2026

Amazon, Google, Meta and Microsoft are pointing to as much as $630 billion in 2026 capex, while OpenAI’s Stargate and FERC’s large-load rulemaking show the AI infrastructure race moving from GPU orders into grid jurisdiction and site capacity. In this episode: Top stories: 1. Hyperscalers Plan $630 Billion in 2026 CapEx — Datacenter Richness https://datacenterrichness.substack.com/p/hyperscalers-plan-630-billion-in 2. Step Back: FERC is being pushed to write rules for large-load interconnections, but load has usually been a utility and state-commission problem—what’s the actual jurisdictional hook here, and where could a federal rule meaningfully speed up or reshuffle AI data center projects versus just adding another process layer? 3. Hyperscale Spending Spree is Driving Dramatic Growth in Data Center Capacity | Synergy Research Group — Synergy Research Group https://www.srgresearch.com/articles/hyperscale-spending-spree-is-driving-dramatic-growth-in-data-center-capacity 4. OpenAI's Stargate Project: A Guide to the AI Infrastructure — IntuitionLabs https://intuitionlabs.ai/articles/openai-stargate-datacenter-details Follow and rate The Data Center Daily on Apple Podcasts or Spotify. Feedback? Email [email protected]