Reported about 7 hours ago
Big Tech companies are significantly increasing their capital expenditures (CapEx) on artificial intelligence (AI), with Alphabet planning to boost its spending to $75 billion. Experts believe this surge signifies the beginning of a new era in AI investment, as firms build necessary infrastructure to handle large-scale workloads. Despite the introduction of more cost-effective AI models, industry leaders are committed to ongoing investment to scale AI applications and drive consumption.
Source: YAHOO