Tech
Microsoft, Meta, Amazon and Alphabet pour nearly $400 billion into AI
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The world’s biggest tech firms are pouring money into artificial intelligence at a scale never seen before — nearly $400 billion in capital expenditures this year alone, largely focused on building AI infrastructure. That’s more than the European Union spent on defence last year, as reported by The Wall Street Journal.
Companies like Microsoft, Alphabet (Google’s parent), Amazon, and Meta are aggressively investing in data centres, servers, advanced chips, and cloud computing infrastructure to power the next generation of AI tools. And while…
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