FinanceCNBC Techabout 1 hour ago
Tech Giants Rely on Legacy Cash for AI
4 min read
Meta, Alphabet, and Amazon reported negative free cash flow this quarter, funding their AI ambitions with legacy business revenue. Meta posted a $2.12 billion outflow, while Amazon's reached $42.4 billion and Alphabet's hit $9.07 billion. Microsoft remains the only positive hyperscaler with cash generation dropping 27% to $18.63 billion.
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