BBC·3 min read·medium
Google and Tesla shares plunge as AI spending rattles markets
✦AI Summary
Shares of Alphabet and Tesla fell sharply after both companies reported significant spending on AI infrastructure, leading to negative free cash flow. Investors are expressing skepticism regarding the immediate financial returns on these massive capital investments.
Share Save Add as preferred on Google Kali Hays , Technology reporter and Francisco Velasquez Reuters Google and its parent company Alphabet have spent huge amounts on AI Shares of Google and Tesla plunged on Thursday as investors were spooked by the ever-increasing amounts of money being spent on artificial intelligence (AI).
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