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While AI spending is top of mind, online ads are driving a lot of Big Tech's growth
Meta, Amazon, Alphabet and Microsoft reported quarterly earnings that showed rising digital ad sales and increased AI infrastructure spending.
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theguardian.com
Google parent Alphabet beats forecasts with first $100bn quarter
Strong demand for ads and cloud services powered tech giant’s growth as it makes multibillion-dollar AI investment
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bbc.com
Tech giants are spending big on AI in a bid to dominate the boom
Earnings reports from Meta, Alphabet and Microsoft reaffirm that giants are ramping up their spending on artificial intelligence, as they rush to reap the benefits of an AI boom.
