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Alphabet, Meta and Amazon poured $380 billion into AI — but not everyone is winning from the spend

Alphabet, Meta and Amazon poured $380 billion into AI — but not everyone is winning from the spend

Major tech firms Alphabet, Meta, Microsoft, and Amazon are boosting AI investments, projecting capital expenditures to exceed $380 billion this year. While Amazon and Alphabet saw stock gains, Meta's shares dropped amid concerns over its AI revenue potential …

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