Tech Giants Accelerate AI Investments Amid Market Fluctuations
TL;DR Summary
Microsoft, Meta, and Google reported record profits and increased investment in AI infrastructure, signaling ongoing and possibly escalating AI market expansion, which has raised concerns about a potential bubble.
- Meta, Google, and Microsoft Triple Down on AI Spending WIRED
- Earnings live: Boeing stock slips as cash burn improves, Caterpillar and Verizon rise, Enphase tumbles Yahoo Finance
- Meta, Microsoft Test Investors’ Patience With AI Spending Spree Bloomberg.com
- Stock futures move lower after tech earnings put focus back on AI trade: Live updates CNBC
- Tech giants are spending big on AI in a bid to dominate the boom BBC
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