Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Publishing timestamp: 2025-02-08 13:00:01
Summary
Meta, Amazon, Alphabet, and Microsoft plan to invest $320 billion in AI technologies in 2025. Tech companies are racing to build data centers and AI infrastructure to keep up with demand. Recent rise of China's DeepSeek caused market selloff, but U.S. tech CEOs are not slowing down their spending plans. Amazon, Microsoft, Alphabet, and Meta have ambitious spending initiatives for AI. Apple, Tesla, and Nvidia are also investing in AI technologies. AI spending is expected to benefit cloud businesses, but recent cloud numbers were weaker due to supply shortages.
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Keywords: business news, nvidia corp, microsoft corp, mark zuckerberg, earnings, meta platforms inc, technology, broadcom inc, breaking news: technology, alphabet inc, tesla inc, amazon.com inc, apple inc,