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AI is forcing Big Tech to do something it's never done: Spend more than it earns, and Wall Street hates it - Fortune

fortune.com·July 23, 2026·1 min read

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Big Tech companies are now allocating more resources to AI initiatives, leading them to spend beyond their earnings. This shift in financial strategy has drawn criticism from Wall Street.

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AI is forcing Big Tech to do something it's never done: Spend more than it earns, and Wall Street hates it  Fortune

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