According to Bloomberg estimates, major technology companies will spend about 200 billion dollars on the developme of artificial ielligence and related products by the end of this year.
According to Bloomberg, this amou of investme in artificial ielligence is an unprecedeed record for these companies and an unprecedeed level of spending. This huge amou will be spe on things such as increasing the production of artificial ielligence chips, building new data ceers, signing coracts with energy suppliers, and reviving nuclear power plas to supply electricity to data ceers.
Amazon, Meta and Google are the leaders in investing in artificial ielligence
Among the tech gias, Amazon leads the way with an investme of 75 billion dollars in 2024. This amou of investme has even surprised analysts. Amazon CEO Andy Jassy previously described artificial ielligence as a “once in a lifetime opportunity.”
Meta also ranks second after Amazon in 2024 with an investme of about 40 billion dollars. Meta CEO Mark Zuckerberg has also pledged to invest more in AI language models and future projects.
Google’s pare company, Alphabet, also reported higher-than-expected capital spending and predicted a “significa” increase in spending for 2025.
Microsoft’s AI-related spending is also on the rise. This company has invested 14 billion and 900 million dollars in this field in 3 mohs alone, which has increased by 50% compared to the previous year. At the same time, Microsoft is facing challenges in meeting demand due to data ceer capacity limitations.
Apple has also decided not to take an aggressive approach in investing in artificial ielligence. For now, the tech gia is coe with offering Apple Ielligence on iPhone devices, although the service is said to have had little impact on iPhone 16 sales.
Of course, the reaction of the Wall Street stock market to this report was coradictory. Amazon and Alphabet both saw their shares rise after beating earnings expectations, largely due to strong growth in their cloud computing divisions. In corast, Meta and Microsoft’s stock prices have declined following concerns over spending plans and forecasted cloud revenue growth.
