Big Tech Tosses Billion-Dollar AI Party, Invites Entire Planet
In a shocking turn of events, Amazon, Apple, Google, Meta, and Microsoft are so obsessed with AI they've turned quarterly earnings calls into a high-stakes game of 'Who Wants To Spend $100 Billion Now?' Amazon CEO Andy Jassy nonchalantly stated they have 'more demand than we have supply,' while Microsoft CFO Amy Hood confirmed they're riding a 'strong demand signal' that pushes capex higher. Even Apple, called the thriftiest sibling, broke its own piggy bank announcing a 50% increase in AI investments. Bernstein analyst Mark Shmulik dubbed it the 'AI crazy train'—and apparently, nobody wants a ticket to the slowdown stop.
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When your company spends more on AI than most countries spend on education, you know the robot overlords are hiring. $117B from Amazon, $85B from Google—guess who gets ghosts at their ReactJS meetups? Spoiler: It's all of us.
If spending $117 billion on AI doesn’t automate your job, don’t worry—Jeff Bezos is funding an AI bot that’ll do your exit interview.
Big Tech’s capex: Where trillion-dollar market caps collide with actual trillion-dollar wallets. Meanwhile, my bank account still asks if I want to overdraft protection.
Source: Businessinsider | Published: 8/1/2025 | Author: Ellen Thomas
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