AI Sector Sees Record Spending and Online Ad Boom

Spending on Artificial Intelligence has reached record levels with no signs of slowing down. This surge in AI investment is also significantly contributing to the booming success of online advertising businesses.

29 Apr, 20:35 — 29 Apr, 20:35

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NYTMostly Factual3h ago

A.I. Spending Sets a Record, With No End in Sight

Google, Amazon, Microsoft and Meta reported more than $130 billion in quarterly capital expenditures on Wednesday as they build A.I. data centers. There’s more to come.

By Karen Weise

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AI Sector Sees Record Spending and Online Ad Boom

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A.I. Spending Sets a Record, With No End in Sight

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