Google outpaces rivals as Big Tech’s AI spending plans rise to $725bn (opens in new tab)

Google outshone its rivals in first-quarter earnings with faster cloud growth as the search giant and its Big Tech peers upped their AI infrastructure spending plans again to $725bn this year. The big four “hyperscalers”, which include Amazon, Meta, Microsoft and Google parent Alphabet, are together expecting to spend 77 per cent more in capital […] The post Google outpaces rivals as Big Tech’s AI spending plans rise to $725bn appeared first on OODAloop.