Rodrigo Santos Andrade share

Sectors Up Close: Big Tech firms ramp up AI spending

visibility comment0 event April 30, 2026 timer 11:22

Amazon, Alphabet, Microsoft and Meta plan to spend more than $700 billion on building AI this year, they announced in quarterly results. There’s something in here for both the AI boosters and the sceptics, Russ Mould of AJ Bell told Reuters

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