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The AI build-out, as sworn to the SEC.

Capital expenditure from the filings themselves — no guidance, no press releases, no analyst decks. Every figure on this page was filed under penalty of law, and every figure carries its accession number.

This page is the exhibit. The space behind it is the product.

$115.9B
Microsoft capex, FY2026 — filed
4.1×
Microsoft's rise in four filed years
$131.8B
Amazon, FY2025 — filed, under its own tag
10-K
the only source used on this page

The wave, drawn from the filings.

Annual capital expenditure as each company filed it. The inflection is not a story anyone tells about the AI era — it is what the companies themselves swore to. Tap any point for its filing's accession number; that number is a public receipt anyone can pull at sec.gov.

EXHIBIT 1 · CAPEX BY FISCAL YEAR, AS FILED SOURCE · SEC EDGAR XBRL · PaymentsToAcquirePropertyPlantAndEquipment · retrieved 2026-08-26

The seam, shown and named.

Two of the five — Amazon and Nvidia — file the same economic reality under a different XBRL concept (PaymentsToAcquireProductiveAssets). A dashboard would quietly blend the sources; this page names the seam instead. Their series are drawn from their own tag, the tag rides every tooltip, and the numbers stay exactly as filed — Amazon's FY2025 figure, $131.8B, is the largest on the chart.

How this was made.

01 · THE DATA

data.sec.gov XBRL, pulled on a six-hour schedule with a declared identity, as the SEC asks. Filed actuals only — guidance is never in a filing.

02 · THE SPACE

Each figure lands as a record carrying its fiscal year, form type and accession number — the receipt IS the payload.

03 · THE AI

The space's AI reads the records and writes the wave onto the board. Nobody typed a number.

04 · THE LIMIT

What a company spends is filed; what it means is analysis. This page shows the former and leaves the latter to the reader.

Walk into the space.

Bring us a question All category demos View-only by design: navigate freely, change nothing, export everything as plain JSON.
PUBLISHED 2026-08-26 · DATA CUTOFF 2026-08-26 · EDITION 1 — UPDATED ONLY BY A NEW DATED EDITION