Big tech’s AI spending problem is getting bigger
Microsoft, Meta, Alphabet, and Amazon all reported strong earnings results—and raised their AI spending. Wall Street only rewarded one of them.
Explore Tech Brew’s coverage of Big Tech AI Strategy. From breaking news to in-depth guides, see how Big Tech AI Strategy is transforming AI Business & Market and the tech industry at large.
Microsoft, Meta, Alphabet, and Amazon all reported strong earnings results—and raised their AI spending. Wall Street only rewarded one of them.
As rivals pour hundreds of billions into AI, the 50-year-old company is betting its hardware strengths will let it arrive late and still win.
The new equation across Big Tech is: fewer people, more compute.
Meta wants to build its own AI chips. It's an ambitious plan from a company that just scrapped its last ambitious chip plan.
AI was supposed to threaten Google. Instead it handed the company its best year ever.
Meta, Microsoft, and Google all beat revenue expectations and upped data center spend.
During an earnings call, Mark Zuckerberg revealed more about Meta’s quest for superintelligence.
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