Financial Times:
Microsoft, Alphabet, Amazon, and Meta boosted capex by 50% to a total of $106B in H1 2024, as they build AI infrastructure and pledge more investment hikes — Technology stocks have been volatile as Microsoft, Meta, Amazon and Google report huge increases in their investments in artificial intelligence
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Saturday, August 3, 2024
Microsoft, Alphabet, Amazon, and Meta boosted capex by 50% to a total of $106B in H1 2024, as they build AI infrastructure and pledge more investment hikes (Financial Times)
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Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)
Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...
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Lorena O'Neil / Rolling Stone : A look at the years of warnings about AI from researchers, including several women of color, who say ...
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