Big Tech’s $725bn AI spending spree sends free cash flow to a decade low
Silicon Valley giants have transformed from asset-light cash machines to huge infrastructure investors
The New York Times AI·
In “Prophecy,” Carissa Véliz explores how generative A.I. relies on prediction, enriching Big Tech while making the rest of us less safe.
Read full articleSilicon Valley giants have transformed from asset-light cash machines to huge infrastructure investors
Earnings hint at growth trajectory despite increases in capital spending
As Big Tech pours unprecedented resources into scaling large language models, critics argue that transformer-based systems face fundamental limitations.
Every cloud beat. Every capex forecast rose. That is the two-sentence summary of the biggest earnings day of 2026, and it tells you almost everything you need to know about where Big Tech’s AI infrastructure spending actually stands right now. Microsoft, Alphabet, Meta, and Amazon collectively committed somewhere between US$630 billion and US$650 billion in […] The post Big Tech just proved AI infrastructure spending works. Then it raised the bill anyway appeared first on AI News.
Oxford philosopher Carissa Véliz’s ingenious, scathing survey of forecasting takes a well-timed swipe at today’s obsession with predictive algorithms
Meta stock drops on capex increase while Alphabet’s cloud business grows faster than rivals Amazon and Microsoft
Meta, Alphabet and peers are growing smartly, but their value hinges on hard-to-answer questions about AI supremacy
Investors to scrutinise AI spending plans from companies that represent almost one-fifth of the S&P 500’s market cap