AITechCrunchabout 2 hours ago
Big Tech AI Spending Sparks Investor Fear
4 min read
Investors grew nervous about AI infrastructure spending as Alphabet, Amazon, Meta, and Microsoft plan over $740 billion in capital expenditures this year. Concerns over negative free cash flow and mounting debt caused stock drops, with Alphabet wiping out $500 billion in market value and Nvidia dropping 4%. Analysts worry these costs could complicate Anthropic's upcoming IPO.
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