Big Tech Faces Tougher Scrutiny of AI Spending After Selloff
The past week’s technology selloff increased pressure on the companies financing artificial intelligence’s expansion. Their latest spending plans, however, offer little evidence of an immediate retreat. The Nasdaq fell 5.5% Thursday, Nov. 5, as borrowing costs and the prospect of restrictions on data center construction added to concerns about an AI bubble. Stocks recovered some […] The post Big…
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