MS · News · 20261103N

AI Infrastructure Financing Outlook

MORGAN STANLEY · 2026-11-03 · Importance 26 · Surprise 24

Morgan Stanley projected cumulative global spending on artificial-intelligence infrastructure could reach $15 trillion over the next decade. CEO Ted Pick said the largest technology hyperscalers could deploy $800 billion to $1 trillion annually over a seven- to 12-year horizon. The comments point to substantial financing demand tied to the global AI infrastructure buildout.

Key facts

• Morgan Stanley projected cumulative spending on the global AI infrastructure buildout could reach $15 trillion over the next decade. source
• Morgan Stanley CEO Ted Pick estimated that the largest technology hyperscalers could deploy between $800 billion and $1 trillion annually over a seven- to 12-year horizon. source