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Home Technology

Big Tech doubles down on AI, $200 billion gamble raises concerns on Wall Street

2 November 2024
in Technology
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Big Tech doubles down on AI, 0 billion gamble raises concerns on Wall Street
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Tech giants are projected to spend $200 billion on AI-related capital expenditures this year, a record high. This investment will cover securing high-end chips, building data centers, and forming energy partnerships. The companies are making unprecedented moves to advance their AI capabilities in various aspects of their operations.

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Tags: BigBillionConcernsdoublesGambleRaisesStreetTechwall
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