Economy

Google and Meta boost AI spending forecasts

Facebook owner’s stock drops 7% while Alphabet, Microsoft and Amazon report strong cloud computing growth

F
Financial Times
April 29, 2026·1 min read
Google and Meta boost AI spending forecasts

Image: Financial Times

Facebook owner’s stock drops 7% while Alphabet, Microsoft and Amazon report strong cloud computing growth

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Google and Meta boost AI spending forecasts

Published by Financial Times

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