Big Tech
Tech Giants Are Set to Spend $200 Billion This Year Chasing AI
- Amazon, Alphabet, Meta and Microsoft all accelerated spending
- Mixed results from the big tech won’t slow 2025 investment
Microsoft Copilot+PC branding at a Best Buy store.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Three months ago, Wall Street punished the world’s largest technology firms for spending enormous amounts to develop artificial intelligence, only to deliver results that failed to justify the costs.
Silicon Valley’s response this quarter? Plans to invest even more.