Here’s how much Big Tech wants to spend on AI this year

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Here’s how much Big Tech wants to spend on AI this year

Meta CEO Mark Zuckerberg wearing Orion augmented reality glasses during Meta Connect in Menlo Park, California on September 25, 2024.
Photo: David Paul Morris/Bloomberg (Getty Images)

Last year’s multi-billion dollar spending spree on artificial intelligence isn’t slowing down for Big Tech.

According to the leaders of Meta (META), Microsoft (MSFT), Alphabet (GOOGL), and Amazon (AMZN), the companies could spend a combined $320 billion on AI development and infrastructure this year.

Despite

Article Source
https://qz.com/meta-microsoft-alphabet-amazon-spend-billions-ai-capex-1851767670

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