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AI News from ET - Tech leaders ramp up AI spending, but Alphabet's cash flow wins investor favour

Vishwadeep Khatri
in AI News & Two Lenses

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Alphabet, Microsoft, and Meta plan to boost spending on chips and data centres, but investors favoured Alphabet due to its strong cash flow. Alphabet’s spending used 49% of cash from operations, versus 64.6% for Meta and 77.5% for Microsoft. Still, Big Tech is betting on AI, though returns remain uncertain.

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