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Barchart
Barchart
Patrick Sanders

RARE PHOTOS: The ai red queen effect why big tech cant afford to stop spending | Rare Historical Photos

Artificial Intelligence Microsoft Amazon Meta Alphabet Google Mark Zuckerberg Andy Jassy GF Securities Satya Nadella

There's an interesting situation developing among the biggest technology companies in the world. Nobody wants to be the first to stop spending money on artificial intelligence (AI). It’s like a big game of chicken, only with hundreds of billions of dollars at stake.

Amazon (AMZN), Microsoft (MSFT), Alphabet (GOOG) (GOOGL), and Meta Platforms (META) are investing heavily in data centers, chips, and other AI infrastructure needed to build out AI. They keep opening their checkbooks, even as analysts (and investors) start to question whether that spending will pay off.

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