💻
💻 Technology
Amazon, Alphabet and Tesla post negative cash flow as AI buildout costs soar
Amazon, Alphabet and Tesla all reported negative cash flow in the latest quarter, while Meta's cash generation collapsed by 91%, as the cost of AI infrastructure — including soaring memory chip prices — balloons across the tech industry. The figures reveal the enormous financial strain of the ongoing AI arms race among the world's largest technology companies. Analysts warn it may be a long time before the investments deliver expected returns.
Comments
No comments yet
Comments
No comments yet — be the first to weigh in 👇
No comments yet. Be the first!