Google and Meta boost AI spending forecasts
Fast facts
- Category: Business
- Language: EN
- Published: 2026-04-29 17:41 UTC
- Sources: Financial Times, BBC Business
Google, Meta, Microsoft, and Amazon have boosted their AI spending forecasts. Google's parent company Alphabet and Microsoft reported strong cloud computing growth, while Facebook owner Meta's stock dropped 7%. Reuters reports Meta's drop was due to a weaker-than-expected profit forecast.
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