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Microsoft, Meta, and Alphabet disclosed that they had spent $32B+ combined on data centers and other capital expenses in Q1, as they accelerate AI spending (Karen Weise/New York Times)
Karen Weiss/ The New York Times:
Microsoft, Meta, and Alphabet revealed that they spent a combined $32B+ on data centers and other capital expenditures in Q1, as they accelerate AI spending.– The costs that industry giants expect to require artificial intelligence are starting to come into focus – and it's huge.
