AI spending climbs, sending Wall Street nerves; Google raises expected outlays to as much as $205 billion for the year, up from prior guidance
Read the original at www.theverge.com→It's earnings season, and investors got an unpleasant surprise from Google: an increase on its spending estimate, to as much as $205 billion - from the last quarter's projection of up to $190 billion. Even the lower...
Original headline: "AI’s finally expensive enough to make Wall Street nervous"
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- Jul 28, 19:33 UTC The Verge AI lead source AI’s finally expensive enough to make Wall Street nervous