Meta and Microsoft Lead the Way as AI Investment Surge Continues

In 2026, tech titans Meta and Microsoft unveiled strong financial results and forward-looking strategies, clearly positioning artificial intelligence as their key growth driver. Both companies highlighted sustained high levels of investment in AI, signaling no signs of slowdown.

Notably, Meta projected capital expenditures for 2026 to range between $115 billion and $135 billion, significantly exceeding the market’s expectation of $110 billion. This development has sent positive ripples across the tech supply chain, with former Bitcoin mining firms emerging as unexpected beneficiaries.

From Mining to AI: A Strategic Shift for Miners

Facing pressures from Bitcoin halving events, increased competition, and rising energy costs, many mining companies have redefined their business models. They’ve repurposed mining data centers into high-performance computing infrastructure to support AI and cloud computing.

This strategic pivot has not only helped miners escape the constraints of single-revenue models but also enabled them to actively participate in the AI revolution, paving the way for diversified growth.

Successful Transitions: Deep Tech Collaborations

In November 2025, Iren announced a multi-year collaboration with Microsoft, leveraging the latest NVIDIA AI chips to deliver high-performance computing services, marking a clear shift in its business focus toward AI infrastructure.

At the same time, Cipher Mining signed a major agreement with Amazon to provide 300 megawatts of computing capacity for AWS, becoming one of the most significant infrastructure commitments by a former mining firm embracing the AI wave.

  • Meta’s capital spending boost drives demand for AI infrastructure
  • Miners repurpose data centers to offer AI computing power
  • Multiple firms strike key partnerships, showcasing successful transitions

These trends indicate that as AI technologies evolve, miners’ transformation is not merely a survival tactic but a crucial step toward capturing future growth opportunities.