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The big wrinkle in the multitrillion-dollar AI buildout [CNN]
Last microsoft corporation earnings: 4/29 04:06 pm
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US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Tech giants are shelling out hundreds of billions of dollars on artificial intelligence infrastructure — mainly, data centers and the chips that power them. It's an investment they say will set the stage for AI to overhaul our economy, our jobs and even our personal relationships. This year alone, tech firms are expected to pour $400 billion into AI-related capital expenditures. A portion of that will almost certainly put a recurring strain on companies' balance sheets. And for companies hinging their future on AI, the question of how frequently they'll have to upgrade or replace advanced chips is a critical one — especially since there's growing skepticism of whether AI will produce returns large or quickly enough to recoup both existing investments and cover future infrastructure costs. Why OpenAI went into crisis PR mode Thursday That's fueling concerns around an AI bubble — worries that the hype around and spending on AI is out of sync with its true value. Those worries c
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