Rush to be part of technology race in short term will jeopardise future investments into AI, say analysts

One of largest equity fundraisings ever includes $10bn share sale to US investment group Berkshire Hathaway

Rolling coverage of the latest economic and financial news

Tens of billions is being pumped into investment in AI by some of the world's biggest tech firms, with Google's owner the latest to ramp-up spending

The AI boom may be disrupting trends that have been sources of market stability for years.

Spending on AI infrastructure is consuming almost all of the revenue Big Tech firms are bringing in.

Rush to be part of technology race in short term will jeopardise future investments into AI, say analysts

Companies including SpaceX, Anthropic and OpenAI are seeking fresh capital as AI development costs soar, with some losing billions while public giants like Google, Meta and…