Skip to content
LPBN-Icon-v1 (1)
The Right Coast
A Member of the Law Professor Blogs Network

Tech Giants Double Down on Their Massive AI Spending – WSJ

By Thomas A. Smith

Tech giants projected tens of billions of dollars in increased investment this year and sent a stark message about their plans for AI: We re just getting started.

The four biggest spenders on the data centers that power artificial-intelligence systems all said in recent days that they would jack up investments further in 2025 after record outlays last year. Microsoft MSFT -1.61%decrease; red down pointing triangle, Google and Meta Platforms META 0.54%increase; green up pointing triangle have projected combined capital expenditures of at least $215 billion for their current fiscal years, an annual increase of more than 45%. 

Amazon.com AMZN -3.99%decrease; red down pointing triangle didn t provide a full-year estimate but indicated on Thursday that total capex across its businesses is on course to grow to more than $100 billion, and said most of the increase will be for AI.

via www.wsj.com

Let ‘er rip, I say.