Big tech as the new utilities
CNBC Television·2026-02-05 19:19
Big tech is spending more than ever on AI. The big four, Alphabet, Microsoft, Meta, and Amazon, are expected to spend a combined $600 billion in capex this year alone. This changes the whole business model.Dear Drabosa has more in today's tech check. Hi, Dearra. >> Yeah, Cali, you're right.It changes everything and it really kind of means that big tech are becoming the new utilities that ultimately changes what you should pay for them. Every company that wants to use AI, whether that is a bank running fraud ...