As the AI revolution gains momentum, Big Tech companies are pouring billions into AI infrastructure, with spending expected to exceed a staggering $250 billion in 2025.
Forbes reports that the world’s tech giants, including Microsoft, Meta, Google, and Amazon, are leading the charge in AI investments, believing this technology to be transformative. In 2023, these four companies alone spent approximately $109 billion on capital expenditures (capex) through the third quarter. Fast forward to 2024, and their combined capex has skyrocketed to $170 billion in the same period, representing a remarkable 56% percent year-over-year increase.
The accelerating pace of AI spending is a clear indication of the technology’s growing importance and the fierce competition among Big Tech players to secure their positions in this rapidly evolving landscape. Executives from these companies…
