posted in Technology

sanitation@sanitation@lemmy.today

AI is forcing Big Tech to do something it’s never done: Spend more than it earns, and Wall Street hates it

fortune.com/2026/07/23/ai-big-tech-never-spend-more-than-earns-wall-street-hates-it/
Alphabet Inc. and Google CEO Sundar Pichai speaks during the inauguration of a Google Artificial Intelligence (AI) hub in Paris on February 15, 2024. (FortuneAI is forcing Big Tech to do something it's never done: Spend more than it earns, and Wall Street hates it | FortuneThe Mag7 had its worst day Thursday since the tariff-driven selloff last April.