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Big Tech’s AI spending is catching up with its cash flow

The Next Web

TechnologyThe Next Web·Jul 22, 2026·1 min read

Big Tech’s AI spending is catching up with its cash flow

The four largest US technology companies are on course to spend close to $700bn on artificial intelligence infrastructure this year, and the cost is starting to show up in the one figure that is hard to dress up: free cash flow. An…

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