Big tech’s AI investments grow at ‘mind-bending’ pace

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: The combined capital expenditures of Microsoft, Alphabet, Amazon and Meta jumped to $112.5 billion during the last quarter, a year-over-year increase of 77%, according to a CFO Dive analysis of figures reported by the companies. Microsoft led the way with $34.9 billion in capex for its last quarter, followed closely by Amazon at $34.2 billion. Capex levels at ...