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Amazon doubles down on AI with a massive $100B spending
5 hours ago · Amazon is the latest tech giant to announce a massive AI spending plan with well over $100 billion in predicted capital expenditures for 2025. The “vast majority” of that $100 billion will go ...
Google Parent Alphabet Plans to Spend $75B This Year, as Big Tech …
2 days ago · Google parent Alphabet said it plans to invest $75 billion in capital expenditures this year, as it joins Big Tech rivals in accelerating spending on artificial intelligence infrastructure.
Opinion | DeepSeek Serves as a Warning About Big Tech - The …
2 days ago · Ms. Khan was chair of the Federal Trade Commission in the Biden administration. When the Chinese artificial intelligence firm DeepSeek shocked Silicon Valley and Wall Street with its powerful new ...
Make no mistake—AI is owned by Big Tech - MIT Technology Review
Dec 5, 2023 · Put simply, in the context of the current paradigm of building larger- and larger-scale AI systems, there is no AI without Big Tech. With vanishingly few exceptions, every startup, new...
The big tech AI arms race: 75+ AI startups backed by Amazon, …
Mar 12, 2024 · Big tech companies — Alphabet (Google), Amazon, Apple, Meta, Microsoft, and Nvidia — are betting big on AI. Microsoft’s market cap is hovering at all-time highs as investors have gotten behind its embrace of the technology.
Big Tech groups say their $100bn AI spending spree is just …
Aug 2, 2024 · Big Tech companies have boosted their capital spending by 50 per cent to more than $100bn this year, as they race to build the infrastructure supporting artificial intelligence, despite growing...
Big Tech Battles On AI, Here’s The Winner - Forbes
Aug 8, 2024 · Microsoft stands out as the clear leader with multiple different monetization pathways from generative AI, whether through Azure or GitHub Copilot, while AWS has seen growth reaccelerate as AI’s...
AI Labs Are Fighting to Stay Ahead of Their Big Tech Backers - TIME
May 13, 2024 · While Google and Meta made developing their own AI models a top priority, Microsoft and Amazon have invested in smaller technology companies, in return receiving access to those companies’ AI...
Big AI Is Coming for Big Tech - The Atlantic
Oct 24, 2023 · Big Tech has wormed it way into every corner of our lives; now Big AI could be about to do the same. Chatbots and their ilk are still in their early stages, but everything in the world of AI is...
Big tech and the pursuit of AI dominance - The Economist
Mar 26, 2023 · Microsoft’s biggest bet is on OpenAI, whose technology lies behind the giant’s new productivity features and powers a souped-up version of its Bing search engine.