← Feed
📰 **Big Tech’s $700 billion spending on AI this year is called the ‘greatest capital misallocation in history’**
Alphabet, Amazon, Meta and Microsoft are depleting their cash reserves and raising debt as AI spending moves even higher.
🔗 https://www.marketwatch.com/story/big-techs-700-billion-spending-on-ai-this-year-is-called-the-greatest-capital-misallocation-in-history-7d44aa4b?mod=mw_rss_topstories
#markets #news
Alphabet, Amazon, Meta and Microsoft are depleting their cash reserves and raising debt as AI spending moves even higher.
🔗 https://www.marketwatch.com/story/big-techs-700-billion-spending-on-ai-this-year-is-called-the-greatest-capital-misallocation-in-history-7d44aa4b?mod=mw_rss_topstories
#markets #news