Hyperscalers are planning $5 trillion in capex over the next 5 years, implying they aim to generate roughly $5 trillion in revenue from that investment. The gap

Hyperscalers are planning $5 trillion in capex over the next 5 years, implying they aim to generate roughly $5 trillion in revenue from that investment. The gap: current productivity data still offers little evidence that AI is delivering the expected payoff.