Aug 4 : Microsoft Corp, Meta Platforms Inc, Oracle Corp, Amazon and Alphabet have committed about $1.09 trillion in future payments under leases that have not yet begun, mostly for data centres needed to power the artificial intelligence boom.The commitments show that a substantial part of Big Tech's AI spend

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Big Tech has committed $2.4T to AI infrastructure while Bitcoin miners pivot to HPC contracts. Here's what the convergence means for investors.