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Tech Giants' AI Spending Spooks Investors, Stocks Fall
๐Ÿ“ˆ Business

Tech Giants' AI Spending Spooks Investors, Stocks Fall

Shares in major tech companies have fallen after they reported surging AI-driven capital expenditure. Tesla and Alphabet have already released their financial results, and analysts warn of further turbulence when Microsoft, Meta and Amazon report this week. Experts say rapid commercialisation of AI projects is the only way to reverse the negative trend.

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