Big Tech's Record AI Spending

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TechSpot

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Big Tech doubles down on AI, $200 billion gamble raises concerns on Wall Street

Summary

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83% Informative

Amazon , Microsoft , Meta , and Alphabet have invested significant sums in AI infrastructure money that has not yielded justifiable returns at this point.

Amazon is leading the charge with a projected record $75 billion in spending for 2024 .

Microsoft 's AI-related expenses are also soaring, having spent $14.9 billion in a single quarter , a 50 percent increase from previous year .

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formal

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English

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not offensive