Burning Billions for the AI Gods

Burning Billions for the AI Gods

Alphabet beat expectations. Big deal. Wall Street didn’t care. The tech giant’s cloud business surged over 80 percent, but all anyone could look at was the eye-watering price tag of the AI arms race. Alphabet jacked up its capital expenditure forecasts yet again, pushing this year’s projected AI-related spending past the $200 billion mark. That […]

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