A.I. Spending Sets a Record, With No End in Sight

The New York Times — Apr 29, 20:35 PM

Google, Amazon, Microsoft and Meta reported more than $130 billion in quarterly capital expenditures on Wednesday as they build A.I. data centers.

There’s more to come.

Read full article at The New York Times →

Big Tech AI spending surges

Meta, parent of Instagram and Facebook, beats revenue expectations Associated Press — Apr 29, 21:38 PM
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Amazon reports increased 1Q profits and net sales fueled by cloud computing demand CTV News — Apr 29, 21:23 PM
Alphabet's first-quarter profit soars with Google's big AI bets AP News — Apr 29, 20:50 PM
Alphabet's cloud unit beats quarterly revenue estimates on strong AI demand - Reuters Reuters — Apr 29, 20:36 PM