So Google, Amazon, Microsoft and Meta just said they're spending $725 billion this year.


All of it on AI. Data centers, chips, the whole thing.
That's up 77% from last year.
Which was already a record.
Oh and they're also laying off tens of thousands of people at the same time.
Meta's AI budget is literally 4 to 5x what they pay all their employees combined.
Let that sink in.
The money has never moved this fast in tech history.
AMZN0.62%
MSFT0.92%
META-0.27%
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