Big Tech’s A.I. Spending Keeps Rising. So Do the Jitters.
The New York Times · 4 min read · tech
Amazon's capital expenditures jumped 69% to $53 billion in Q2 as it built AI data centers, joining Meta (55% increase) and Microsoft (69% increase). Meta, Amazon, Google, and Microsoft are expected to spend $1.5 trillion on data centers and chips through next year, though investor concerns about the spending scale are growing.
Mentioned entities