Big Tech set to invest $325 billion this year as hefty AI bills come under scrutiny
Meta, Microsoft, Amazon, and Google parent Alphabet are expecting a cumulative $325 billion in capital expenditures in 2025, driven by their investments in artificial intelligence infrastructure.
Google, Amazon plan billions in Capex for AI, undeterred by DeepSeek moment
Tech giants plan to spend billions of dollars to build their AI infrastructure, contrary to the frugal economics of Chinese ...
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Big Tech’s AI spending rattles markets
E-commerce giant Amazon reported strong earnings Thursday but, like its big tech peers Microsoft and Google, saw its stock ...
Magnificent 7 CEO delivers surprising take on DeepSeek AI model
He added that there are elements in the DeepSeek R1 model that he hopes Meta will be able to incorporate in the near future.
Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...
Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.
5 big analyst AI moves: Google, Meta stocks exposed to tariff risks; AMD downgrade
Advanced Micro Devices Inc (NASDAQ: AMD) tumbled Wednesday after Citi downgraded the stock from Buy to Neutral, citing ...
Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft
The massive capex comes as Amazon's cloud and AI rivals up their spending. Google-parent company Alphabet, said on its most recent earnings call that it expects to spend $75 billion on capital ...
Amazon will spend an ungodly amount of money on AI this year!
Developing AI technology is not cheap at all. It costs billions of dollars to train AI models, and this is why most of the ...