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

Tech giants are set to spend a staggering $200 billion on AI-related capital expenditures this year, according to Bloomberg's calculations, marking an all-time high for these companies....

By: TechSpot

Nov 04 2024
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Cutting corners: Tech executives say there are long-term benefits to their AI investments, drawing parallels to the early days of cloud technology. However, Silicon Valley's spend-first, profit-later… [+2934 chars]

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