The Tech Giants Keep Throwing Money at AI
Whether Amazon, Meta and Microsoft’s investments are paying off isn’t yet clear. Plus: The VC podcast explosion and a tariff extension for Mexico.
Google’s headquarters in Mountain View, California.
Photographer: David Paul Morris/Bloomberg
Big Tech companies are still spending like crazy on AI. Bloomberg News reporter Dina Bass explains why it’s so hard to tell if any of it is paying off yet. Plus: VCs can’t stop podcasting, and Mexico gets a tariff extension. If this email was forwarded to you, click here to sign up .
Meta Platforms Inc. and Microsoft Corp. offered the clearest look at the current economics of artificial intelligence when they reported quarterly financial results late on June 30. And the view was … not very clear.