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Big Tech Sheds Nearly $900bn in Rout over Soaring AI Spending
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Big tech companies lost nearly $900 billion in market value after another surge in spending in the third quarter, turning some of the most profitable companies in history into cash-burning machines as they bet their futures on artificial intelligence. The shares of the four major computing providers […] The post Tech’s “Big 4” Lost $900 Billion – AI Spending Is Huge appeared first on iEidiseis.
Deep concerns: Markets lashed by tech rout as earnings fan AI fears
·Luxembourg City, Luxembourg
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Big tech companies lost nearly $900 billion (R$4.88 trillion) in market value after another high in their spending in the third quarter, which turned some of the most lucrative businesses in history into real cash incinerators while betting their future on artificial intelligence. Read more (10/30/2026
·São Paulo, Brazil
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