Has investment spending on AI gone too far?

Wall Street is growing uneasy as tech giants pour record sums into artificial intelligence infrastructure, Bloomberg writes.  Alphabet, Meta and Microsoft spent a combined $78 billion on data centers and AI hardware last quarter—an 89% jump from last year. Microsoft alone posted $34.9 billion in capital spending, while Meta warned that next year’s outlays will […]

Source: https://www.businessreport.com/article/has-investment-spending-on-ai-gone-too-far



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