Big Tech AI spend hits $165 bn as enterprises seek value
Big Tech's combined AI capital expenditure reached $165 billion in Q2 2026, while free cash flow shrank to $7 billion from $60 billion in Q4 2025, Jefferies reports. The research firm expects…
All posts tagged in AI spending
5Articles
AI spending boom lifts tech margins, not others yet: Apollo economist
Net profit margins for the Mag Seven tech giants have risen to about 25 percent since late 2022, when ChatGPT launched, while margins for the other 493 S&P 500 companies have stayed…
Meta profits fall 14% as AI spending hits Rs 11.8 lakh crore
Meta reported a 14% drop in net income to $15.8 billion for the June quarter, missing Wall Street expectations, as it spent heavily on AI infrastructure along with $2.4 billion in legal…
Microsoft makes GPT-5.6 default internally, cuts Claude usage
Microsoft has told its engineers to stop using Anthropic's Claude as the default AI model for coding and switch to OpenAI's GPT-5.6. An internal memo from executive vice president Jay Parikh, first…
Markets Mixed as Chip Stocks Fall and Hormuz Talks Continue
Global markets gave mixed signals as investors watched reported progress in talks involving Iran and Oman on reopening shipping lanes through the Strait of Hormuz. NDTV Profit said the S&P 500 and…
