Google’s $205 Billion AI Bet Terrified Investors. Here’s Why the Market Was Wrong
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The post Google’s $205 Billion AI Bet Terrified Investors. Here’s Why the Market Was Wrong appeared first on 24/7 Wall St..
For the past two years, Wall Street has demanded that Big Tech spend whatever it takes to win the artificial intelligence race. Now that the bills are arriving, investors suddenly seem less enthusiastic. Across the technology sector, companies are facing tougher questions about returns on massive AI investments, even as demand continues accelerating.
That disco
For the past two years, Wall Street has demanded that Big Tech spend whatever it takes to win the artificial intelligence race. Now that the bills are arriving, investors suddenly seem less enthusiastic. Across the technology sector, companies are facing tougher questions about returns on massive AI investments, even as demand continues accelerating.
That disco
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