Investors Wary of Big Tech's AI Spending Plans
US tech giants are reporting earnings this week, and investors are scrutinizing their AI spending plans. Meta's plan to spend about $825 billion over the next decade made investors nervous, while Microsoft, Alphabet and Amazon may fare better, Bloomberg reports.
- Meta plans to spend about $825 billion on AI over the next decade
- Investors are wary of Big Tech's AI spending plans
- Microsoft, Alphabet and Amazon may fare better than Meta, per Bloomberg
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