Enthusiasm for all things related to artificial intelligence has powered the stock market higher in recent years. But now, Wall Street is taking a harder look at Big Tech’s scramble to monetize the AI boom.

Big tech keeps pouring more money into AI data centers, chips, and infrastructure. According to the Financial Times, Google, Amazon, Microsoft, and Meta have a combined budget of…

CNBC's Paulina Likos and Zev Fima discuss the rising capital expenditures for Big Tech firms trying to build out AI, and which company proved its AI lead last quarter.