Big Tech’s AI payback might be coming into view
Earnings hint at growth trajectory despite increases in capital spending
Related reading
Investors glimpse pay-off for Big Tech’s mammoth spending on AI arms race
Earnings reports of major players show how artificial intelligence services are boosting revenues
Big Tech’s $725bn AI spending spree sends free cash flow to a decade low
Silicon Valley giants have transformed from asset-light cash machines to huge infrastructure investors
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
Big tech’s big gamble
How much AI is the market willing to finance?
Public and private markets vie for gains from AI job disruption
Corporate leaders are betting that automation will produce outsized returns
Big Tech’s AI spend is still a shot in the dark
Stellar results from Alphabet, Microsoft and Meta cannot yet be attributed to the technology’s usefulness