Tech Giants' AI Ambitions Remain Unwavering as Earnings Reports Reveal Ongoing Investments
The recent earnings reports from four of the world's largest tech companies, collectively known as the Magnificent Seven, or Mag 7, have confirmed that their substantial investments in artificial intelligence (AI) are progressing as planned. Microsoft, Alphabet, Meta, and Amazon, which boast a combined market capitalization of approximately $12 trillion, have all reported quarterly earnings that …
April 29, 2026, 9:07 p.m.