Friday, 1 August, 2025
Big Tech’s AI Spending Skyrockets, But Investors Welcome the Bill
Big Tech giants—Microsoft, Alphabet (Google), and Meta—are spending unprecedented sums on AI infrastructure in response to surging demand across search, advertising, and cloud. Despite multi-billion‑dollar capital outlays—Microsoft with $30 billion next-quarter spend and Alphabet raising its 2025 capex forecast to $85 billion—investors remain bullish. Strong Q2 earnings, rising Azure and cloud revenues, and growing user adoption of AI tools like Copilot and Gemini have driven market value gains.
Read full story at Economic Times