Big Tech's AI spending spree worries investors

Zuckerberg says building a leading AI system will take several years and require significant investment

clock • 3 min read
Big Tech's AI spending spree worries investors
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Big Tech's AI spending spree worries investors

The biggest technology companies are doubling down on AI, pouring billions into research, development and infrastructure, but investors are growing restless as financial returns remain elusive.

Google, Microsoft and Meta all announced significant increases in AI spending during their earnings calls this week. Meta raised expenditure forecasts in AI from $30 billion - 37 billion to $34 ...

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