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Big Tech AI spending spree tops $1tn
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FT UK
Big Tech AI spending spree tops $1tn
Google, Amazon, Microsoft and Meta have vastly increased their investments since the AI boom began in 2023
31 Jul, 01:52
City AM
Big Tech faces earnings test after AI spending spree
Alphabet, Microsoft and Amazon will report earnings over the next two weeks as investors look for evidence that years of record spending on AI are beginning to generate stronger revenue growth. The three companies have led the AI investment boom, committing billions of dollars to data centres, chips and software. Their latest results are expected [...]
18 Jul, 13:23
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