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Microsoft and Alphabet increase spending on AI, but don't get carried away yet

Por: MarketWatch Politics April 26, 2023

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And with both Silicon Valley and Wall Street now obsessed with generative artificial intelligence as the Next Big Thing, both companies — after making big cost cuts –plan to spend this year to build out more infrastructure to support the higher-performance computing power needed for AI, and hope to reap the rewards later. Alphabet Chief Financial Officer Ruth Porat told analysts that capital spending for 2023 would now be “modestly... + full article



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