Microsoft ‘back on track’, whilst Meta spending leaves investors ‘nervous’
2 sources·Updated July 31, 2026
Covered by 2 sources
- Financial Times·2h agoBig Tech AI spending spree tops $1tn
Google, Amazon, Microsoft and Meta have vastly increased their investments since the AI boom began in 2023
Read at Financial Times → - City A.M.·21h agoMicrosoft ‘back on track’, whilst Meta spending leaves investors ‘nervous’
Microsoft saw strong growth over the last quarter as demand for its AI products continued to climb, while Meta’s rising spending on AI overshadowed record sales and sent its shares lower. The two US tech giants reported quarterly results after the closing bell on Wednesday,…
Read at City A.M. →
