Big Tech CEOs just doubled their AI spending to $100B - here's why your portfolio cares
Key Points
- Amazon is investing over $100 billion in AI infrastructure t...
Amazon just announced it's spending over $100 billion this year on AI infrastructure. To put that in perspective, that's double what they spent in 2023 ($48.4 billion) and roughly equivalent to the entire GDP of Morocco. Apparently, Jeff Bezos wasn't kidding when he said space was expensive - turns out, artificial intelligence is the new rocket fuel.
The Great AI Spending Spree of 2025
The numbers coming out of Big Tech's latest earnings calls read like a venture capitalist's fever dream. Google shocked everyone by increasing their capital expenditures by $10 billion - a move that's abou...
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