Meta and Amazon are leading a trillion-dollar Big Tech spending spree

🇺🇸 MarketWatch (US) —

AI Summary

Meta and Amazon are leading a record trillion-dollar spending spree on AI infrastructure, with projections from Morgan Stanley indicating that capital expenditures in Big Tech will reach unprecedented levels to support increasing AI costs.

As the cost of AI infrastructure continues to increase, Morgan Stanley says Big Tech capital expenditures are on track to hit new records.

Markets Deals AI & Tech Meta Amazon Big Tech AI infrastructure capital expenditure Morgan Stanley

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