TechCrunch
Cracks are emerging in the AI spending boom
Big Tech is pouring billions into AI infrastructure, but mounting debt, negative cash flow, and growing investor skepticism are raising questions about the sustainability of the AI spending boom.
By TechCrunch
Excerpt shared by Lazyfounder
·Excerpt
Investors are getting nervous about AI infrastructure spending just as the Big Tech companies double down.
Over the past two weeks, Alphabet, Amazon, Meta, and Microsoft have outlined plans to spend more than $740 billion on capital expenditures this year, which Wall Street is reading as AI infrastructure spending, including data…
Courtesy
This story was originally published by TechCrunch. All rights belong to the original publisher.
Read the original on techcrunch.com ↗