Big Tech’s $700 billion spending on AI this year is called the ‘greatest capital misallocation in history’
Fast facts
- Category: Business
- Language: EN
- Published: 2026-04-30 11:04 UTC
- Sources: MarketWatch
Alphabet, Amazon, Meta, and Microsoft are investing heavily in artificial intelligence, with total spending reaching $700 billion. MarketWatch reports that some experts see this as a misallocation of resources.
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