The latest financial data of the largest players from the Silicon Valley confirm that the race of global technology companies in the development of artificial intelligence will soon accelerate. They will spend billions of dollars. in one year for this purpose.
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As “The Guardian” informs, Over the past two weeks, Meta, Microsoft, Amazon and Alphabet (Mother Google) have published their quarterly financial reports. Each of them revealed that their capital expenditure from the beginning of the year, i.e. the amount related to the money that companies spend on the acquisition or modernization of fixed assets, are already tens of billions of dollars.
Capex, as this term is called in short, is a substitute indicator for the expenses of technology companies on artificial intelligence, because this technology requires gigantic investments in physical infrastructure.
Google admitted during the last request to pay that his capital expenditure “primarily reflects investments in servers and data centers to support artificial intelligence“.
Big Tech has already released a lot on AI. Another billions in the game
In the coming tax year, the total capital expenditure of large technology companies is to increase, exceeding the already impressive amounts from the previous year.
As “Wall Streer Journal” counted, a total of four large technology companies will spend over $ 400 billion. for investment expenses in the coming year. The meta plans to spend between 66 and $ 72 billion. Alphabet plans to spend $ 85 billion. Amazon estimated that his expenses in 2025 will amount to $ 100 billion. Microsoft plans to spend around $ 100 billion. for artificial intelligence in the next tax year, which was admitted by the general director of SATYA NADELLA, which “The Guardian” appointed.
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Even Apple, the most cautious of the technological giants, signaled that he would increase its expenses for artificial intelligence in the coming year by a significant amount. The company's quarterly investment outlays increased to $ 3.46 billion, from $ 2.15 billion. in the same period last year.
Tim Cook, the general director of Apple, said that the company moves a “large number” of employees to focus on artificial intelligence. He also added that “the heart of AI strategy” is to increase the investment and “embed” AI in all its devices and platforms. Cook, however, refrained from revealing how much Apple is.
