Former AOL chief says ‘big money’ will dictate future of media
Industry veteran says disparity in capital will define next big sports rights cycle
Related reading
Big Tech groups race to fund unprecedented $660bn AI spending spree
Executives face choice between cutting returns to shareholders, raiding reserves or tapping the markets
Big tech’s big gamble
How much AI is the market willing to finance?
The risky bet by AI start-ups
Broader, integrated software platforms for business will win out against those selling specific services
In the AI boom, not all capex is created equal
There are big differences in the level of risk and likely returns of Big Tech’s spending
Lex in depth: Will the AI data centre boom become a $9tn bust?
The biggest groups splashing their cash may not make their money back, but will almost certainly live to tell the tale
Big Tech’s AI payback might be coming into view
Earnings hint at growth trajectory despite increases in capital spending