Reported about 10 hours ago
In 2025, Alphabet plans to invest $75 billion in capital expenditures, contributing to the significant spending on artificial intelligence by major tech companies. Michael Chae from Blackstone discusses the ongoing trend in AI infrastructure, pointing out the dramatic increase in data creation over the past 15 years and the decreasing costs of computing that drive demand for data centers. He notes that the commitment to AI spending by firms like Meta and Microsoft reinforces this trend.
Source: YAHOO