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Tech
2025-08-03 10:35:02
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Silicon Valley’s AI Spend Goes Berserk as Microsoft Starts Cashing In
Meta, Apple, Microsoft, and Amazon all reported quarterly earnings this week, and there was a common thread tying them together: a boom in AI spending and plans to increase it even more, beyond analyst expectations. Although capital expenditures above expectations often don’t tend to make investors particularly happy, it had pretty much the opposite...
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