Big Tech Q1 Earnings, AI Capex Rises As AI-Related Gains Continue
AI Capex Rises as tech giants prioritize enhancing their AI capabilities to capitalize on emerging opportunities and drive business expansion. Major IT companies like Amazon, Microsoft, Alphabet, and Meta have reported increased investment in AI infrastructure. Revenue Growth Acceleration Large IT firms had better-than-anticipated revenue growth rates in Q1, pointing to overall robust performance. Revenue […]
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