Investors are increasingly buying in on Big Tech’s skyrocketing expenditure on AI as technology firms release earnings reports that support such huge spends. This comes after artificial intelligence contributed significantly in propelling demand in internet search, cloud computing and digital advertising.
The latest financial reports from the big tech firms have helped to quell those doubts and confirm that the seven top tech firms are, indeed, still magnificent. You can bet that Apple Inc. (NASDAQ: AAPL) and its ilk will be buoyed by this healthy sentiment to pump even more capex into…
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