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

Estimated reading time: 1 minutes

• About The Author

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. It is an unprecedented level of investment, ranging from securing scarce high-end chips and constructing expansive data centers to forging deals with energy…

Read Entire Article

About The Author

See author's posts

Trending

How to Cancel Your Electric Plan in Texas