The Daily Receipts

While Amazon, Microsoft, Meta, Alphabet and Oracle have all sharply increased AI capital spending, Apple's cash paid for property, plant and equipment in the nine months to 27 June 2026 actually fell, to Apple's nine-month capex of $6.8 billion, down 28% from $9.47 billion a year earlier

OpenAI does not disclose GPT-4o's resource footprint, so Stanford's 2026 AI Index Report turned to independent researchers' estimates of the water needed to cool the servers behind it — as much as 1.58 million kilolitres a year for GPT-4o inference, more than the annual drinking-water needs of 1.2 million people

A survey of nearly 6,000 senior business executives across the US, UK, Germany and Australia — run by the Bank of England, the Federal Reserve Bank of Atlanta, the Bundesbank and Macquarie University — found that on average 69% of businesses across the US, UK, Germany and Australia already use AI, per an NBER-published executive survey