AI Spending Takes Center Stage in Big Tech Earnings | Bloomberg Tech 7/23/2026
Bloomberg Technology·2026-07-23 17:25"BLOOMBERG TECH" IS LIVE FROM THE HEART OF SILICON VALLEY, WITH AT --ED LUDLOW IN SAN FRANCISCO. ED: THIS IS "BLOOMBERG TECH" THE AI SPENDING RACE IS RAMPING UP WITH ALPHABET BOOSTING INVESTMENT PLANS, WHILE TESLA IS BURNING THROUGH CASH TO FUND ELON MUSK'S AI AMBITIONS. PLUS, AMMON SHASHUA WILL BE STEPPING DOWN AFTER 20 YEARS. HE JOINS US FOR AN EXCLUSIVE INTERVIEW. WE SPEAK TO THE IBM CEO AFTER A STEEP DROP IN MAINFRAME SALES WEIGHED ON THE COMPANY'S RESULTS. THIS IS AN EARNING STORY ABOUT AI SPENDING. ...