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What Big Tech CEOs are saying about their massive AI spending plans

  • Big Tech companies like Meta, Microsoft, Alphabet, and Amazon are investing tens of billions of dollars in AI projects.
  • Google's parent company, Alphabet, plans to spend approximately $75 billion in capital expenditures by 2025, mainly for data centers and server capacity for AI.
  • Amazon expects increased capital expenditures of $100 billion this year, with a focus on AI for its AWS cloud computing division.
  • Meta (formerly Facebook) has raised its full-year capex estimate to support AI efforts, while Microsoft is showing signs of being less bullish on AI spending.

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