Big Tech Spent $230B on AI, But Its Cash Flow Is Now Deep in the Red
Amazon, Google, Meta, Microsoft, and Oracle are spending heavily on AI, while investors are becoming more cautious about future returns.
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Artificial intelligence
Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.
AI is changing work, media and public services, raising questions about jobs, safety and regulation.
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