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Amazon, Microsoft, and Alphabet reported $42B in combined capital spending in Q3, up 10% from Q2 and almost 20% from Q3 2021, to expand generative AI services (Camilla Hodgson/Financial Times) 06-11-2023

Camilla Hodgson / Financial Times:
Amazon, Microsoft, and Alphabet reported $42B in combined capital spending in Q3, up 10% from Q2 and almost 20% from Q3 2021, to expand generative AI services  —  Google, Microsoft and Amazon boost investment by a fifth over two years to a combined quarterly total of $42bn


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