Major Tech Firms' AI Investments Remain on Track Despite Billions in Spending
The four tech giants, including Microsoft, Alphabet, Meta, and Amazon, have reported their quarterly earnings, revealing that they are on track to meet their substantial artificial intelligence spending targets for the year. According to their earnings reports, these companies, with a combined market capitalization of approximately $12 trillion, are expected to spend around $650 billion on AI inf…
April 29, 2026, 9:07 p.m.