Despite Mag 7 names such as Google-parent Alphabet and software titan Microsoft dropping after earnings reports, the broader picture is positive. While sky-high spending on artificial intelligence is causing concern for some cloud-computing companies,

Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs. Now both could be in question.

Meta, Microsoft, and Google parent Alphabet are expecting a cumulative $228 billion in capital expenditures in 2025, driven by their investments in artificial intelligence infrastructure.

Tech giants Meta, Amazon, Alphabet, and Microsoft are set to spend a record $320 billion on AI and data centers in 2025, up from $230 billion in 2024. The AI race is heating up, with companies investing heavily in infrastructure and cloud computing to stay ahead.

Tech titans have projected pouring billions of dollars into AI in 2025, yet Wall Street awaits returns on their investments.

Amazon, Microsoft, and Alphabet each saw sharp stock declines following their fourth-quarter earnings reports, which revealed steep increases in AI-related capital spending. Microsoft and Google’s mar

Key Takeaways Amazon said it expects to spend over $100 billion in capital expenditures this year, with the "vast majority" going to AI for Amazon Web Services.The company is the latest Big Tech firm to announce it's boosting expected AI infrastructure spending this year.

A clear trend has emerged in the past few weeks, as one tech giant after another reported their earnings: Big Tech is spending big on artificial intelligence in 2025. Combined, Meta, Microsoft, Amazon and Alphabet,