Redpoint 2026 Market Update | Report

**The Big Picture: A Genuine Technological Revolution** Redpoint opens with a bold framing: AI is not hype — it's a capital expenditure wave comparable to railroads, electrification, and the internet. Hyperscaler CapEx is projected to hit **$765B in 2026** and **$779B in 2027**, growing at a 36% CAGR from 2024. Critically, they argue this is *not* a dotcom bubble repeat. Unlike 2000, where fiber utilization was…