Off the Books: Hyperscaler Capex & Financing
How the largest builders are funding the buildout — capex trajectories, off-balance-sheet structures, PPAs, and the financing strategies behind the headline numbers.
What this report covers
- Capex trajectory and guidance across the major hyperscalers
- Off-balance-sheet JV & SPV structures
- Power purchase agreements as a financing lever
- What the SEC filings actually disclose
The data behind it
The analyst research builds on our live capital & markets data, shown here in full. The interpretation, outlook, and models are the part you can’t auto-generate — that’s the premium report.
Recent tracked deals, financings & PPAs · live site data as of Sep 29, 2026
| Company | Event | Date |
|---|---|---|
| Nvidia / KKR | Samsung to inject $1 billion into Nvidia- and KKR-backed AI infrastructure firm | 2026-09-29 |
| Amazon | Amazon to acquire two data centers in Hong Kong | 2026-09-29 |
| — | Samsung Invests $1 Billion in US AI Infrastructure Firm Helix | 2026-09-29 |
| Lambda | Lambda plans data center in Oklahoma | 2026-09-29 |
| Broadcom | Hybrid Photonic Integrated Circuit Market Size, Share, Growth, and Forecast, … | 2026-09-29 |
| — | Samsung Group to invest US$1 billion in AI infrastructure company Helix | 2026-09-29 |
| Alphabet | Crusoe Developing Data Center Campus in Armstrong County, Texas | 2026-09-28 |
| Meta / Vantage | Can Meta’s C$13 Billion Alberta Bet Strengthen its AI Infrastructure Advantage? | 2026-09-28 |
| Company | Form | Date |
|---|---|---|
| Hut 8 Corp. HUT | 8-K | 2026-09-28 |
| Hyperscale Data, Inc. | 8-K | 2026-09-18 |
| CoreWeave, Inc. CRWV | 8-K | 2026-09-17 |
| AIB Data Centers Inc. AIB | 8-K | 2026-09-11 |
| AIB Data Centers Inc. AIB | 8-K | 2026-09-10 |
| Vertiv Holdings Co VRT | 8-K | 2026-09-02 |
Off the Books: Hyperscaler Capex & Financing
How the largest builders are funding the buildout — capex trajectories, off-balance-sheet structures, PPAs, and the financing strategies behind the headline numbers.
- Capex trajectory and guidance across the major hyperscalers
- Off-balance-sheet JV & SPV structures
- Power purchase agreements as a financing lever
- What the SEC filings actually disclose
Included with a paid plan — built for analyst, investor & institutional users.
About “Off the Books: Hyperscaler Capex & Financing”
How the largest builders are funding the buildout — capex trajectories, off-balance-sheet structures, PPAs, and the financing strategies behind the headline numbers. It is part of our premium analyst research — interpretation, forward outlooks, and models that go beyond the free data reports, included with a paid plan. Explore the underlying data on the power, policy, markets, and map pages.