Big Tech’s $700 billion spending on AI this year is called the ‘greatest capital misallocation in history’

Big Tech’s 0 billion spending on AI this year is called the ‘greatest capital misallocation in history’



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.


www.marketwatch.com
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