Finance
Big Tech’s $700 billion spending on AI this year is called the ‘greatest capital misallocation in history’
Alphabet, Amazon, Meta and Microsoft are depleting their cash reserves and raising debt as AI spending moves even higher.
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MarketWatch
April 30, 2026·1 min read
Image: MarketWatch
Alphabet, Amazon, Meta and Microsoft are depleting their cash reserves and raising debt as AI spending moves even higher.
Original article
Big Tech’s $700 billion spending on AI this year is called the ‘greatest capital misallocation in history’
Published by MarketWatch