AI arms race: Tech giants invest hundreds of billions

AI arms race: Tech giants invest hundreds of billions

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Battle of the tech giants: Their investments in AI are currently unprecedented. / © KI by Adobe Firefly

Tech giants Amazon, Google, Microsoft and Meta plan to spend up to 725 billion US dollars (around 620 billion euros) this year as part of their AI arms race. The money is primarily set to go towards expanding infrastructure such as data centers.

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