Reported about 7 hours ago
Alphabet, Meta, and Microsoft are projected to spend a massive $228 billion on capital expenditures in 2025, marking a 55% increase from the previous year, primarily driven by investments in artificial intelligence. Despite concerns from investors regarding the timeline for returns on these hefty investments, the companies are pushing ahead with their spending plans, with Meta alone expected to invest up to $65 billion. This surge comes amidst rising competition and market skepticism about the effectiveness of AI spending, especially following the emergence of cost-effective alternatives like DeepSeek.
Source: YAHOO